Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-043-000"
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"en.20110323.15.3-043-000"2
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"The report includes a proposal for a European stability mechanism, representing an integral part of an overall package of measures proposed with the aim of creating a new framework, while at the same time improving budgetary discipline and coordination of the economic and financial policy of Member States, which should also include support for a common European response to problems in the area of growth, leading at the same time to the elimination of economic and social inequalities, and to greater competitiveness. In my opinion, the Commission’s call to consider other mechanisms as well for securing financial stability and economic growth in the eurozone is quite correct. I also believe the Commission is entirely right to call for the submission of legislative proposals that would include a stability mechanism and measures for reducing risks in the interests of financial, economic and social stability in the European Union, including the effective regulation of financial markets. It is entirely appropriate to review the stability and growth pact. The report also supports the introduction of instruments for reducing macroeconomic imbalances in the eurozone, and measures aimed at environmental renewal. For the reasons mentioned above, and for other reasons too, I have decided to support the report."@en1
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