Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-17-Speech-4-960"
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"en.20100617.27.4-960"2
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".
The credibility of public accounts is fundamental. Preventing deficits from slipping can only be done using a good mechanism for monitoring deficits and public accounts. The commitment should be to prevention, such that it is not necessary to have recourse to sanctions. Nobody should be afraid of preventive and corrective inspections. There should be uniform ideas when defining what counts in terms of the deficit, in order to avoid lack of budgetary discipline. I agree with avoiding the use of off-balance sheet debt structures of any kind. The liabilities must be clear, in particular those that are often off the balance sheets of the Member States, as in the case of future payments for public-sector pensions and long-term contracts with the private sector for the leasing or provision of public facilities. Thus, I agree that the Member States should provide Eurostat with public finance data based on a standardised, internationally-accepted accounting method. I believe that it is important to implement the European Statistical Code of Practice, which strengthens the independence, integrity and accountability of the national statistical institutes and Eurostat, in order to optimise their quality."@en1
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