Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-461-000"
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"en.20110623.37.4-461-000"2
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"−
This report is another part of the package of six pieces of legislation on so-called economic governance. We are voting against each and every one of the reports making up this legislative package because of the vision behind it as a whole.
In this case, it is on the regulation on the effective enforcement of budgetary surveillance in the euro area. The report acknowledges the problems and mistakes during the first decade of economic and monetary union, but does not draw the necessary conclusions, instead calling for a ‘more robust’ framework for surveillance of national economic policies by the Commission and Council. It also adds that such policies should have ‘particular focus upon development and strengthening of the internal market’: in other words, it wants more neoliberal policies, more privatisations, more free competition, and more policies that favour the strongest over the weakest. The report calls for the payment of fines by any Member States that do not meet the requirements imposed on them by the Stability and Growth Pact. This is also reinforced, however, by an attempt to legitimise the system of sanctions, with an attempt to include a system of incentives. All of this is done without considering the real causes of the problems or the alternative policies that are needed: that is unacceptable."@en1
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