Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-402"
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"en.20081217.24.3-402"2
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"I think I can answer that very quickly, so as not to repeat some of the points I mentioned in my previous answer.
My ideas on what needs to be done are reflected in the report on the first ten years of Economic and Monetary Union and in the more political communication that the Commission adopted at my initiative and that we have been debating here in Parliament and within the Council. We need better coordination of fiscal and budgetary policies, not only for the short term, but also for the medium and long terms; we need coordination – which so far has been very weak – of non-fiscal macroeconomic policies, to improve the ability of the euro area economies to adjust themselves and to improve the preparation of countries aiming to join the euro area in the next few years, since more and more are applying. We need coordination on the basis of a clear, precise strategy, with explicit priorities and a single voice outside the euro area, and we need governance that consists of continuing to make the Euro Group work more effectively, along the lines of what we have been doing under Mr Juncker’s presidency since 1 January 2005."@en1
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