Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-052-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-04-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (24-25 March 2011) (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20110405.3.2-052-000"2
lpv:hasSubsequent	lp_eu:2011-04-05-Speech-2-053-0002
lpv:speaker	lp:Antolín Sánchez Presedo2
lpv:spokenAs	substitute; PECH (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2010-09-08--2011-07-31)3 member; S&D (2009-07-14--2014-06-30)3 member; Delegation for relations with Japan (2009-09-16--2012-02-12)3 member; ECON (2009-07-16--2012-01-18)3 unknown; Partido Socialista Obrero Español (2009-07-14--2014-06-30)3
lpv:translated text	"Madam President, President-in-Office of the Council, Commissioner, ladies and gentlemen, this is the first crisis to affect the euro area, and when the crisis occurred it became clear to us that the European Union was not equipped to deal with it. There were design faults, such as the lack of planning regarding financial assistance to countries within the euro area, inefficiency in fulfilling commitments in the areas of public finance and competitiveness and increased macroeconomic imbalances and divergence within the euro area. We saw how steps that had been taken so as to have a European voice in the areas of foreign policy and security, were not supported in the area of the economy, despite the imperatives of globalisation. Our economic potential could not be turned into economic leadership at world level and the imbalance between the single currency pillar and the intergovernmental economic pillars became all the more evident. If we are to provide an adequate response, we must make progress on integration. There is no national way out of the crisis, unless some people have got the wrong century. That is why, on 24 and 25 March, the European Council took important, even spectacular, steps in the right direction. The implementation of the European semester, the adoption of the permanent stability mechanism, along with the commitments made before Parliament, including the legislative package, which will have to be balanced by Parliament, are all steps in the right direction. The Euro Plus Pact does, without a doubt, represent a step forward but much remains to be done. The crisis is still there, there are 23 million unemployed and there are still important clouds on our horizon and major challenges to face. That is why we need a three-dimensional pact with the citizens of Europe because there are limits to austerity policies and we need to promote a policy of growth and employment through investment in order to redefine our economic model and fulfil the objectives of the Europe 2020 Strategy. A policy of fiscal and financial sustainability requires a European framework as much in the area of sovereign debt as in the recapitalisation of financial bodies and we need a genuine European social pact to introduce improved productivity, with social standards, progress in taxation and the bringing of the welfare state up to date."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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