Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-424-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110623.37.4-424-750"2
lpv:hasSubsequent	lp_eu:2011-06-23-Speech-4-425-0002
lpv:speaker	lp:Rolandas Paksas2
lpv:spokenAs	vice-chair_member_of_the_bureau; EFD (2010-02-16--2012-01-26)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; PETI (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; ITRE (2009-07-16--2012-01-18)3
lpv:translated text	"It is very important to establish an effectively functioning, fully-fledged mechanism for the prevention and correction of macroeconomic imbalances, which would warn about and respond promptly to the risk of macroeconomic imbalances. It is very important for this mechanism to be based on the use of an indicative and transparent scoreboard. The Commission, together with the Council and the European Parliament, must construct this scoreboard and macroeconomic and macrofinancial indicators intended for Member States. I believe that, under special economic circumstances, the scoreboard of indicators and alert thresholds, should be symmetric and differentiated for euro area and non-euro area Member States. Furthermore, the Council should provide regular reports on the measures carried out that led the excessive imbalance procedure to be placed in a position of abeyance in a certain Member State. I agree with the proposal to give the Commission the right to carry out enhanced surveillance missions in liaison with the European Central Bank (ECB), social partners and other national stakeholders. The risk of imbalances must be assessed constantly in order to prevent them from emerging, and the Member States must be given timely recommendations to avoid possible interference with the functioning of the economic and monetary union."@en1

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