Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-483-000"
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"en.20110623.37.4-483-000"2
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We support the proposal to reinforce Member States’ compliance with the Stability and Growth Pact and to encourage greater coordination of their fiscal policies. The regulation adopted today has been amended to ensure that Member States follow prudent fiscal policies in good times so as to build up the necessary buffer for more difficult times. The framework for budgetary surveillance and for the coordination of EU economic policies should be broadened so as to include employment and social aspects.
As regards, on the other hand, the stability and convergence programmes of the Member States, these should include information on the consistency of the Member States’ budgetary objectives with the EU’s growth and jobs strategy, and the Employment Committee and the Social Protection Committee should be consulted during every surveillance procedure. We also think it extremely important that the strengthening of economic governance go hand in hand with reinforcing the democratic legitimacy of European governance. In this respect, Parliament should be regularly consulted and involved in the entire process, as should all the social partners. This is a necessary precondition of a credible and transparent surveillance framework."@en1
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