Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-488-000"

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"en.20110623.37.4-488-000"2
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". Today, Parliament decided its position on European economic governance. The European Union needs stricter European economic supervision and a reform of the Stability and Growth Pact. However, the short-sighted approach of the Centre Right does not provide a sound basis for credible and coherent reform. Their tunnel vision focus on cuts without seeking to increase EU income is no basis for a sustainable fiscal policy. It would mean that poverty in the EU would only increase. Fiscal consolidation must be teamed with government investment and other collective spending if we want to create more jobs and avoid excessive socio-economic instability. You cannot demand high-quality education and training while at the same time slashing the relevant budgets. I therefore voted against the Wortmann-Kool, Feio and Goulard reports. The Group Of The Greens/European Free Alliance advocates a macroeconomic approach whereby the balances of trade of the different Member States would have to be better aligned. Economic measures need to be placed in a broader framework incorporating other elements such as solidarity and responsibility. I therefore gave my support to the report on the macroeconomic pillars, which provided for an all-encompassing and systematic approach that would make it possible to prevent future crises. I also voted in favour of the Ferreira, Haglund and Ford reports."@en1

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