Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-357-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110706.18.3-357-500"2
lpv:hasSubsequent	lp_eu:2011-07-06-Speech-3-357-7502
lpv:speaker	lp:Elena Oana Antonescu2
lpv:spokenAs	substitute; LIBE (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; ENVI (2009-07-16--2012-01-18)3 member; EPP (2009-07-14--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2012-10-21)3
lpv:translated text	"Although, according to the signs, the wave of adverse effects triggered by the economic and financial crisis has passed, we can see from the actual social environment and macro-economic landscape around the world that the process of returning to normal is tough. Against the backdrop of the growing sovereign debt and states’ inability to rebalance public spending, there is increasingly frequent talk about the concept of democracy by credit or governance by loan, which is a typical feature of certain EU Member States. The critical time has not passed for these Member States. This is precisely why I think, along with the rapporteur, that present or future systemic risks need to be very closely monitored by the authorised institutions. We need to restore the balance within Europe so that we can take steady steps towards exiting the grey area of the effects triggered by the crisis. I believe that the high level of potential which coordinating fiscal policies may offer in rebalancing the European budgets is one of the solutions which must be considered in the medium and long term."@en1

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