Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-908"

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"en.20100616.24.3-908"2
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"I voted for the resolution and I fully endorse the line it takes. The European Union needs to reform its system of economic governance and to ensure the long-term sustainability of public finances which is essential for stability and growth. The proposed European Financial Stabilisation mechanism will only be effective if proper structural reforms are implemented. I believe that Europe should establish its own rating agency and the lending fund which could be used to provide financial aid for all Members States in need, and not to eurozone countries only. Moreover, effective economic governance calls for a stronger Commission which, under the provisions of the Lisbon Treaty, has been given the task of coordinating reform plans and measures and establishing a common strategy."@en1
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