Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-426-500"
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"en.20110623.37.4-426-500"2
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"−
This is the only report seeking to go against the dominant trend for the economic governance package as a whole. I abstained from the vote to highlight this aspect and acknowledge its value. Mrs Ferreira’s report is concerned with preventing severe macroeconomic imbalances. In it, deficit and debt are no more important than surpluses and commercial deficits, than employment and unemployment, or than any qualitative challenges that might ensure a sustainable growth strategy. It is sensible to have this type of wide-ranging coordination, based on a scoreboard of various indicators that identifies imbalances at an early stage. What prevents me from voting for this report is the fact that it is the poor relation of a form of coordination whose beginning and end are still deficit and debt."@en1
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