Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-131-000"
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"en.20110928.19.3-131-000"2
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"Mr President, ladies and gentlemen, I am firmly convinced that we must now draw the necessary conclusions for a strategy which will ultimately make Europe as a whole stronger after the crisis than it was before the crisis began. The decisive question will be whether the instruments adopted in the context of the ‘six pack’, in particular with regard to Ms Wortmann-Kool’s and Mr Feio’s reports, can really guarantee controls of this kind.
The compromise which we have now reached on the preventative part of the Stability and Growth Pact involves two steps. On the one hand, the Council will vote with a qualified majority on a recommendation by the Commission for corrective measures to be taken in a Member State’s budget. If this recommendation is not accepted or is not even processed, the Commission can resubmit it within a month. The proposal will be deemed to have been accepted if the Council has not rejected it within 10 days with a reversed simple majority vote.
Against the background of this regulation, I am of the opinion that this is a step in the right direction. However, we must wait and see whether the Member States really submit to these rigid requirements or whether they attempt to circumvent the rules, as they did in 2003. We in Parliament must make every effort to ensure that the Community method really takes precedence and that we can ultimately implement these rules effectively."@en1
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