Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-490-000"
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"en.20110623.37.4-490-000"2
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"Dear President, I abstained on the vote on the Wortmann-Kool and the Feio reports which look to revise the Stability and Growth Pact. I am glad that the reports are strong on the need to avoid debts and deficits, and they have certainly been drafted according to an economic philosophy that I support. However, I have doubts that tweaks to the Stability and Growth Pact, that failed so miserably in assuring both stability and growth, are the right solution to Europe's economic woes. I also have grave concerns about reverse qualified majority voting in Council decisions linked to these reports. We should not underestimate the precedent that this is setting, and the shift in power away from the Council that this would entail."@en1
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