Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-429-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110623.37.4-429-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"−
The stability of the euro area, in particular, and of Europe as a whole requires the restructuring of prevention and surveillance instruments, in order to correct macroeconomic imbalances. Financial consolidation is essential for correcting the errors of the past, and for a sustained growth of Europe’s economies that is not supported by public and foreign debt, but rather by the promotion of employment and competitiveness. This report focuses on the scoreboard of macroeconomic and structural statistical indicators that enable comparisons to be made among Member States, reflecting structural, and short-, medium- and long-term trends.
The inclusion of new indicators, and the establishment of lower and upper thresholds that will be symmetric when appropriate, will enable these indicators to serve as alert levels to avoid the current financial rescues being undertaken by the Commission and the International Monetary Fund. This new smart, symmetrical system will lead to surveillance that is more rigorous, to assessments by the Commission, the European Parliament, the Council and the European Central Bank that are more thorough, and to the drafting of recommendations on additional reforms and corrective plans. At a critical juncture for the European project, I consider the involvement of all the European and national authorities essential, in order for the necessary measures to be taken early."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples