Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-057"

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"en.20101124.6.3-057"2
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"Mr President, I would like to welcome the new package of measures on increasing budgetary discipline and broadening economic surveillance. I feel that the measures proposed were necessary due to the disparities noted between Member States with regard to compliance with fiscal and budgetary policies. As a result, the economic crisis has produced a worrying perception of several countries, including Romania. I think that the key innovation is the creation of a new macro-economic surveillance framework. It will facilitate the detection of emerging imbalances and risks. The adoption of the report on economic governance produced by the Task Force headed by Mr Van Rompuy marked an important step. Its implementation will therefore create a new robust crisis management framework. I would also like to mention the importance of the regulation on ensuring national budgets’ compliance with EU fiscal standards. In practice, this means that national budgets will no longer be able to avoid EU fiscal regulations."@en1
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