Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-04-13-Speech-3-038"

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"Mr President, ladies and gentlemen, the agreement on the Stability Pact has its positive aspects, but some major concerns remain. First of all, it is essential that the Commission should have a stronger and not a weaker role in managing the Pact, as regards both the accounts side and the investments side, that is to say as regards both stability and growth. Secondly, it must be clearly understood that the new Pact is for growth, and for growth in the economy, not growth in deficits: the two things must not be linked together, as some national governments, such as the current Italian Government, seem to do. We therefore call on the European institutions to work to prevent dangerous renationalisations and to take decisive steps to boost the Community spirit. Otherwise, the very future of the Union will be in jeopardy if we do not maintain a Community approach in implementing both the Pact and the other main policies, primarily the vital Lisbon Strategy."@en1

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