Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-449-312"
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"en.20110623.37.4-449-312"2
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The current economic, financial and social crisis has demonstrated that the European Union’s current economic governance model has not worked: the surveillance framework has shown itself to be very weak and the rules of the Stability and Growth Pact have not been respected. I therefore support the package of measures that the European Commission has tabled on economic governance. I am voting for the Ford report on requirements for budgetary frameworks of the Member States. I welcome the fact that the regulation will be applicable to all EU Member States. I would stress the need for means of independent oversight to be established. I welcome the possibility that governments that have just come to power might have the right to update their budgetary framework in the medium term to reflect new political priorities."@en1
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