Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-370-750"
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"en.20110706.18.3-370-750"2
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"Economic governance of the European Union made up of a series of policies enabling greater rigour to be achieved in correcting budgetary imbalances is essential in order to set out European initiatives aimed at overcoming the current lack of competitiveness and enabling a return to a cycle of economic growth. I agree with this report because I believe other measures should be adopted to solve the current European crisis, such as implementing transparent auditing of public debt; examining a future system of Eurobonds; introducing new provisions to the financial bailout packages of the European Union, the European Central Bank and the International Monetary Fund, involving the International Labour Organisation; and building an international monetary system that is more stable and resistant.
I would also stress that the budgets of the European Union and the various Member States should be geared towards pursuit of the objectives of the Europe 2020 strategy, so as to make the European economy more competitive and sustainable, and to give it more of a leading role in the global context. It is therefore essential to encourage commitment to innovation and long-term investment, to stimulate economic growth, to create jobs and to generate wealth. In conclusion, I cannot fail to acknowledge the great efforts that various Member States are making towards budgetary consolidation and implementation of the structural reforms that will enable greater economic integration and financial stability, and which will make the euro more credible."@en1
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