Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-058"
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"en.20100907.4.2-058"2
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"The main concern which citizens have at the moment is how to overcome the economic crisis and its adverse effects. This is why I am strongly in favour of European economic governance being established, which can help us exit the crisis. The EU’s institutions must have effective resources available for taking action. I therefore support the creation of the permanent structures required to manage crises, such as those proposed by the European Commission. The EU’s institutions must also monitor compliance with the Stability and Growth Pact, including fiscal discipline. Budgetary and economic decisions made by one state have a direct impact on the economic situation in all EU Member States (a fact demonstrated in practice also by the crisis in Greece and recognised by the Treaty of Lisbon). In future, economic analyses carried out in good time by the European Commission’s experts would be very useful in helping avert and overcome crises. The launch of the ‘European Semester’ will give Member States the opportunity to benefit in good time from professional evaluations and analyses carried out on the budgets and their macro-economic performance, thereby making the dialogue between the European Commission and Member States’ governments extremely useful. I wish to stress that establishing economic governance at European level should help states which are in a difficult situation. Any crisis tests the application of the principles of solidarity and responsibility, as well as the European Union’s consistency and efficiency."@en1
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