Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-492-500"

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"− The Commission’s proposals on improving economic governance are of the highest importance for the future of the EU and for economic growth. Therefore, the framework for economic governance must be improved, and it must be founded on increased national appropriation of the rules and policies adopted, and on more robust EU-level monitoring of national economic policies. This report, for which I voted, advocates the need for Member States to create accounting systems that fully and consistently cover all sectors of public administration. It adds that the Member States must ensure that their budgetary plan is founded on realistic macroeconomic and budgetary forecasts. Budgetary planning must be founded on a realistic scenario. In order to help the Member States prepare their budgetary forecasts, the Commission should provide forecasts of EU spending, based on the level of expenditure planned in the Multiannual Financial Framework."@en1

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