Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-09-Speech-4-090"

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"en.20050609.22.4-090"2
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". As I said in my speech in plenary, this reform of the Stability and Growth Pact (SGP) is woefully inadequate. What we really need is to suspend the SGP and to make a complete break from the economic guidelines in place in order to create the macro-conditions to revitalise the economy and to create more jobs. That is why we advocate a genuine Growth, Employment and Social Progress Pact. A further reason why we voted against was that the rapporteur seeks to involve the European Central Bank and proposes that the Commission should carry out financial auditing on the Member States. This is a perfect example of a report that loses sight of the underlying reasons behind the ‘no’ vote on the so-called ‘European Constitution’ in France and the Netherlands, and of the need to address the people’s concerns."@en1

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