Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-03-12-Speech-3-134"

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"en.20030312.2.3-134"2
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"I voted against the report when item 15 was voted down by the political Left (with 266 votes in favour of doing so and 237 votes against). Item 15 ‘calls for the Stability and Growth Pact to be scrupulously adhered to, and for all attempts to soften the Pact, thereby jeopardising the long-term stability of the European currency, to be resisted’. The fact that item 15 has been removed makes room for laxity in the Stability and Growth Pact. Instead, strict compliance with objective and measurable criteria should be required. The removal of item 15 opens the way for European finance ministers to increase public expenditure in times of recession and in situations in which there are budget deficits. There is a danger of this leading to increased inflation, a loss of confidence and a less stable EU currency."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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