Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-358-500"

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"en.20110706.18.3-358-500"2
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"In 2009, the European Parliament set up a parliamentary committee on the Financial, Economic and Social Crisis (CRIS). The financial, economic and social crisis of the years 2007-2009 was fundamentally challenging the current governance system of the Economic and Monetary Union and was a harsh threat to the stability of the euro. Therefore, about a year ago, I agreed with the need to extend the term of office of the CRIS Special Committee, which then proved to be vital for developing recommendations for a sustainable EU growth model. In my view, these recommendations should then be taken into account by the Special Committee on the Policy Challenges and Budgetary Resources for a Sustainable EU after 2013. Furthermore, I believe more work is necessary to develop a viable EU crisis management mechanism and to define a political strategy for the future which is linked to the reform of European economic governance and the EU 2020 strategy. Lastly, I would stress the need to establish mechanisms to develop coordinated policies to exit the public debt crisis in the Member States while fostering employment and close cooperation with the national parliaments."@en1

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