Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-446-000"
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"en.20110623.37.4-446-000"2
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".
One of the things that the crisis in Greece shows us is the urgent need for fiscal responsibility. Otherwise, all EU Member States, not just Greece, will face serious problems, because two thirds of EU Member States have an excessive deficit. I am pleased that the rapporteur underlines this fact.
The report includes more, but the most important proposals are to overcome the excessive budget deficit and to finalise means of combating deficits in the future. The report also touches upon another important aspect – that we must combat the budget deficit without damaging growth, particularly as far as generating the economy is concerned. It is important that the system intended to manage public and private debt should support long-term growth. This would include improving investment conditions and development of the internal market, while also taking into account the specific priorities and needs of the Member States.
Most importantly, we need transparency, accountability and independent surveillance. This is an essential part of increasing economic governance. The national budgetary frameworks should include the establishment and strengthening of the role of independent fiscal bodies and ensure the publication of transparent fiscal statistics."@en1
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