Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-477-375"
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"en.20110623.37.4-477-375"2
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The current economic, financial and social crisis has demonstrated that the European Union’s current economic governance model has not worked: the surveillance framework has shown itself to be very weak and the rules of the Stability and Growth Pact (SGP) have not been respected. I therefore support the package of measures that the European Commission has tabled on economic governance. I am voting for the Wortmann-Kool report on strengthening budgetary surveillance and coordination of economic policies. I agree with reversed qualified majority voting, which reinforces the role of the European Commission by demanding a qualified majority in the Council in order to derogate from the Commission’s decision. I think the ‘economic dialogue’ provided for here is very important, as is the clear, necessary link with the European Semester. I welcome the provision for a Member State’s temporary departure from the adjustment path when it results from unforeseen events, which ensures that the process will be flexible and realistic."@en1
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