Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-167-000"
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"en.20110928.19.3-167-000"2
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"Mr President, ladies and gentlemen, having regular access to up-to-date and reliable budgetary data is the key to regulating public spending and enabling the swift adoption of corrective measures in times of crisis.
I therefore agree on the need to allow the Commission to monitor, with the help of a fiscal body, individual Member States’ compliance with budgetary rules. Having said that, I must point out that, under the Treaty, the establishment of a medium-term financial framework leaves the way clear for newly elected governments to amend the programming decisions that were previously taken.
This directive must therefore be applied to the letter, and the Commission must constantly monitor its application. This is to ensure that intervention has a tangible rather than superficial effect and that it helps to achieve the directive’s primary objective: uniform compliance with budgetary discipline as stipulated by the Treaty."@en1
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