Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-214-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Prevention and correction of macroeconomic imbalances - Implementation of excessive deficit procedure - Requirements for budgetary frameworks of Member States - Budgetary surveillance in euro area - Surveillance of budgetary positions and surveillance and coordination of economic policies - Enforcement measures to correct excessive macroeconomic imbalances in euro area (continuation of debate)2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20110622.18.3-214-000"2
lpv:hasSubsequent	lp_eu:2011-06-22-Speech-3-215-0002
lpv:speaker	lp:Leonardo Domenici2
lpv:spokenAs	member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 unknown; Partito Democratico (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; REGI (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3
lpv:translated text	"Mr President, ladies and gentlemen, I believe that we are witnessing a paradox. The package that should correct and prevent imbalances and asymmetries is based on an imbalance and a lack of symmetry. It is like a body that stands on two legs, but one is much longer and more developed than the other. The leg that controls fiscal policy is muscular and articulated, while the one that controls development policy, which should provide impetus and long-term drive, appears spindly and lacking in strength. I think that this inharmonious result in the final structure of the package is down to a difference of opinion about the origins and nature of the crisis. The difference between those who believe that disorder and imbalances in public finances are at the root of the crisis and those who think that the underlying problem has to do instead with the lack of rules and transparency in the markets, economic and trade imbalances and social inequality. We risk confusing cause and effect. We all want public finances to be controlled responsibly, but the goal of reducing debt is not sufficient to kick-start growth and competitiveness. The main thrust of these measures lies in procedures and sanctions. Far less emphasis – too little emphasis – has been placed on investment and sustainable growth strategy, which Europe should promote and implement. We know that our actions can lead to widely differing results, even without our intending it, and can even have the opposite effect to the one we are seeking to achieve. This is the heterogenesis of purpose. I fear that this problem lies at the heart of this package."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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