Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-359-093"
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"en.20110706.18.3-359-093"2
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"Since the outbreak of the financial crisis, economic and social consequences and repercussions for the sovereignty of the Member States have persisted. As a result, Parliament has been advocating urgent measures to resolve problems and reverse the trend of this crisis. Unfortunately, Parliament’s determination has not been duly shared by the other institutions, particularly the Council, which has been blocking the most effective and timely responses to the challenges of the crisis.
As this report argues, commitment to the Community method, and to strengthening economic governance, are crucial to consolidating economic integration and to ensuring that Europe starts growing again; the Europe 2020 strategy plays a critical role in this. In order to achieve this, there is a need to expand a Union budget able to respond to the new needs and challenges, because the costs of prolonging the crisis will be extremely high for everyone, as can be seen in the Commission forecast, which reveals that output will fall by about 4.8% of gross domestic product by 2013 and will be significantly lower over the next decade than it has been over the last 20 years. As I have been advocating, the Union should be equipped with a system of truly own resources, instead of a system fed by national contributions. This is the only way it will be possible to overcome the difficulties and constraints caused by the contributing Member States."@en1
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