Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-502-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20110623.37.4-502-500"2
lpv:hasSubsequent	lp_eu:2011-06-23-Speech-4-503-0002
lpv:speaker	lp:Miguel Portas2
lpv:spokenAs	member_of_the_bureau; EUL/NGL (2009-07-14--2012-01-22)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2012-04-24)3 substitute; Delegation for relations with Iran (2009-09-16--2012-04-24)3 vice-chair; Special Committee on the Financial, Economic and Social Crisis (2009-10-15--2011-07-31)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2012-04-24)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 unknown; Bloco de Esquerda (2009-07-14--2012-04-24)3 member; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with Iraq (2009-09-16--2012-04-24)3
lpv:translated text	"− This report aims to establish a series of joint-action measures that will enable the correction of dangerous macroeconomic imbalances in the euro area. The measures available range from interest-bearing deposits to the charging of fines, and so slot perfectly into the punitive philosophy of the package as a whole, with which I disagree. In itself, the inclusion of macroeconomic imbalances in the universe of economic coordination is positive, but the proper conclusions have not been drawn from it. For example, during the process of applying sanctions, no account is taken of the symmetry and interdependence between countries with trade surpluses and countries with excessive deficits. All the punishments are applied to those already in difficulty, even when these are the result of a euro overvalued against the dollar."@en1

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