Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-287"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-03-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20090311.30.3-287"2
lpv:hasSubsequent	lp_eu:2009-03-11-Speech-3-2882
lpv:speaker	lp:Astrid Lulling2
lpv:spokenAs	member; Quaestors (2007-01-16--2009-07-13)3 quaestor; Parliament's Bureau (2007-01-16--2009-07-13)3 member; ECON (2007-01-31--2009-07-13)3 quaestor; European Parliament (2007-01-16--2009-07-13)3 vice-chair; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 substitute; Delegation for relations with the countries of Central America (2007-03-14--2009-07-13)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 member; FEMM (2007-01-31--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 substitute; AGRI (2007-01-31--2009-07-13)3 member; Delegation for relations with the Korean Peninsula (2007-04-26--2009-07-13)3 unknown; Parti chrétien social (2004-07-20--2009-07-13)3
lpv:translated text	". Exceptional situations call for exceptional resources. The economic situation has deteriorated so much that it justifies concerted action by the Member States to try to relaunch economic activity. Several observations are called for, however. The exceptional situation we are experiencing does not call into question the basic rules of economics. Borrowing today means debts tomorrow, debts that the Member States will be obliged to repay at a future date. Deficits may be necessary, but there will be a heavy price to pay. We have to be aware of this. There is already talk of increased taxes in the near future to keep public finances afloat. Secondly, all the spending commitments in the recovery plans are far from being of equal merit. Investment spending on the modernisation of production equipment or on research has a very different value to money spent on operating costs. It would therefore be a good idea for the Member States to provide themselves with the appropriate tools for making the best choices. Finally, since words do have meaning, let us be clear that the recovery plan is not, in truth, a European plan, but rather a coordination of national measures taken by the various Member States. Do we need to do more? The question is worth asking, but the setting up of a common European Union recovery plan would presuppose fundamental reviews of European policies and resources."@en1

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