Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-363-000"

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"en.20110706.18.3-363-000"2
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"We believe that the work undertaken in the Special Committee on the Financial, Economic and Social Committee (CRIS) so far has allowed us to acquire a profound and holistic understanding of the crisis, to draw conclusions and to make important recommendations, especially with regard to public investments and fiscal policy. In particular, the extension of the term of office of the Special Committee was required to develop recommendations for a sustainable EU growth model which complement the CRIS recommendations already adopted by the European Parliament; to establish mechanisms and develop coordinated policies to exit the public debt crisis in the Member States and prevent its repetition by addressing its underlying causes, while fostering strong and sustainable growth and employment and, finally, to develop a close cooperation with the national parliaments. We also believe that more work is necessary to develop a viable EU crisis management mechanism and to define a political strategy for the future, which includes and is linked to the reform of European economic governance, the EU 2020 strategy, the fiscal policy and budgetary implications, financial regulation and supervision as well as the reform of global governance and representation of the EU on a global scale."@en1

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