Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-16-Speech-2-208"

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"In your reply – or comment – I note two implicit questions. Firstly, a major budget is essential to tackle the cyclical difficulties. This would lead us into a very complex debate. The problems are not caused by clashes themselves, but by asymmetric clashes; asymmetric clashes differ depending on whether they are temporary or permanent, whether they relate to supply or demand. We have little experience to help us define a typology and lay down a single formula for resolving these difficulties by budgetary means. We believe that it is a much better idea to establish a general framework of economic health, of good economic behaviour, which will allow us to confront the difficulties in the case in question. In the future we will continue with recommendations to comply with the stability and growth pact. I do not know whether it is a good or a bad thing, but that is our obligation as the Commission. This is an agreement adopted by the Council of Ministers as a result of initiatives by certain Member States and which I also support, since I believe that a good budgetary policy provides greater room for manoeuvre in the event of difficulties. Earlier I referred to the fact that the situation is different in each of the Member States. In this year’s recommendations we have taken particular account of the Commission’s own analyses regarding what the margins are, and which benchmarks we are setting in each of the Member States to tackle the crisis without exceeding the 3% public deficit, which is the figure we have established as a reference. We can see that that situation is different in each of the countries and, therefore, our recommendations and our comments will always be different in each of the countries, although this is not the only aspect that we take into consideration."@en1

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