Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-02-26-Speech-4-120"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-02-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote (continuation)2
dcterms:Language	"sv"^^xsd:language2
lpv:document identification number	"en.20040226.5.4-120"2
lpv:hasSubsequent	lp_eu:2004-02-26-Speech-4-1212
lpv:speaker	lp:Lennart Sacrédeus2
lpv:spokenAs	substitute; Committee on Foreign Affairs, Human Rights, Common Security and Defence Policy (2002-01-17--2004-07-19)3 unknown; Kristdemokraterna (1999-07-20--2004-07-19)3 member; EMPL (2002-01-17--2004-07-19)3 member; Delegation to the EU-Ukraine and the EU-Moldova Parliamentary Cooperation Committees and Delegation for relations with Belarus (2002-02-07--2004-07-19)3 member; EPP-ED (1999-07-20--2004-07-19)3
lpv:translated text	"In 2003, the Commission was forced, for the third year in succession, to revise its economic forecasts downwards. The European economy is in poor shape, and three countries, including France and Germany which together account for half the eurozone’s GDP, had budget deficits in excess of the limit of three per cent of GDP defined in the Stability and Growth Pact. The rapporteur emphasises the importance of not bringing the Stability and Growth Pact into question at a time when the European economy is only just ticking over. The report expresses support for complying to the letter with the conditions of the Stability and Growth Pact. It is absolutely crucial to people’s confidence in the regulations that the criteria should be clear, measurable and objective. I could not, however, support paragraph 19, which ‘requires an increase in budgetary allocations at European and national level’, that is to say further increased taxes. That is hardly the right medicine in a situation of economic stagnation."@en1

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