Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-091-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-04-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (24-25 March 2011) (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110405.3.2-091-000"2
lpv:hasSubsequent	lp_eu:2011-04-05-Speech-2-092-0002
lpv:speaker	lp:George Sabin Cutaș2
lpv:spokenAs	member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3 substitute; Delegation to the Cariforum — EU Parliamentary Committee (2010-09-07--2014-06-30)3 substitute; INTA (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Iran (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 unknown; Partidul Social Democrat + Partidul Conservator (2009-07-14--2014-02-25)3
lpv:translated text	". The Euro Plus Pact and European Stability Mechanism will provide Member States with the financial assistance they need in return for closer coordination of their economic policies. Both proposals offer therefore a constructive pair of measures, especially in view of the proposal for coordinating taxation policies, which is an essential reform in a union of states seeking to share the same currency. Furthermore, the European Stability Mechanism, thanks to its intervention facility of EUR 500 billion, operates like a European Monetary Fund, authorised to borrow money and purchase bonds directly from states, while countering financial speculation at the same time. However, certain proposals in the Pact are unworkable. Fiscal austerity and making the labour market extremely flexible will delay economic growth, keep unemployment at high levels and create labour instability. I think that gradual fiscal consolidation and safeguarding the European social model are needed to lay the foundations for sound economic growth."@en1

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