Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-23-Speech-4-145"

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"en.20050623.30.4-145"2
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". This report forms an integral part of the package of reforms of the Stability and Growth Pact (SGP). Statistical issues, such as the harmonisation of accounting rules and macroeconomic aggregates in the context of calculating the public deficit, were among the areas dealt with in most detail in the report entitled ‘Improving the implementation of the Stability and Growth Pact’ submitted to the Spring European Council of March 2005. The plan to improve the European statistical system goes hand in hand with the attempt to restore credibility to the SGP, following cases of statistics being manipulated and numerous examples of creative accounting. For us, the crux of the matter is not so much the SGP’s credibility; we feel that the SGP should be scrapped in view of its social and economic effects. The regulation before us, which has been improved upon by the amendments that have been tabled by Parliament, increases the powers of the Commission and Eurostat, both to define and certify the quality of statistical data and to verify and standardise calculation procedures. The most worrying aspect of this is that the Commission can put direct pressure on governments to implement monetary policies in the Member States. Our vote against is thus consistent with our overall opposition to the so-called reform of the SPG."@en1

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