Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-094-500"
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"en.20110405.3.2-094-500"2
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".
I take considerable pleasure from the fact that 23 EU Member States have been able to agree on a package of measures for safeguarding financial stability and promoting growth — the Euro Plus Pact. Also of importance is the agreement that has been reached on structural reform and fiscal consolidation and the final resolution on the amendments to the Treaty of Lisbon for the establishment of the European Stability Mechanism. All countries must implement fiscal consolidation measures and measures aimed at preventing macroeconomic disequilibrium. Structural reforms to promote employment and social inclusion must also be implemented. They must be defined according to each country’s particular situation. The participation of 23 European countries in this pact leads us to hope that these measures will encourage economic growth. This is a step in the right direction and a sensible response to those economic challenges. This pact fits splendidly with the work of Parliament and the Commission on improvements to the single market and the three reports that we are approving in Parliament this week. We must take even bolder decisions. Member State governments must not seize the pretext of the electoral cycle in order to put off taking important but unpopular decisions."@en1
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