Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-123"
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"en.20100615.6.2-123"2
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"The European Parliament must take a stand on a very important issue in today’s debate, namely, the direction the statistical information system currently operating under the authority of Eurostat should take in order to avoid situations similar to the Greek scandal in the future. Let me remind you that the fraud perpetrated by the Greek authorities had already come to light in 2004, and around the same time, the Socialist-led Hungarian Government’s finances were shady as well. Despite this, the EU has still not taken any steps to reform the statistical information system. Although I believe that the Commission’s plan to grant audit rights to Eurostat is a step in the right direction, I am convinced that we will have to do more, as the future of the common currency is now at stake. What do I think we should do next? In my opinion, in excessive deficit procedures, sanctions should not only be imposed on Member States repeatedly failing to comply with their obligation to meet the 3% Maastricht budget deficit criterion, but also on those who have provided false statistical data for years, misleading investors and the EU and jeopardising the stability of the euro area. I agree with the approach of making the officers of national statistical offices personally responsible for the quality of data provided to Eurostat. This is why I propose that, taking into account the work being done by the Council’s working group under the direction of Herman Van Rompuy, we ask the Commission to work out a more stringent system of sanctions to replace the one currently in place."@en1
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