Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-246-437"
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"en.20111215.23.4-246-437"2
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"The scoreboard presented by the Commission is part of the economic governance package adopted by Parliament in September 2011 and confirmed at the last European Council. The regulation gave the Commission the power to present the scoreboard on macroeconomic imbalances in the Member States, which, in cases of deviation, incur an excessive imbalance procedure. This procedure is based on a punitive approach that is unacceptable. In this case, it is all the more unfair as it penalises trade deficits, but the same does not happen with surpluses, which can be just as harmful to the overall economic interests of the Union. Important issues such as poverty levels are also missing from the scoreboard. In fact, all this stems from the fact that the Commission has presented Parliament with a
instead of seeking dialogue to achieve a more balanced framework of indicators. I voted against this resolution for these reasons."@en1
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