Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-226-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-09-28"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-226-000"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-227-0002
lpv:speaker	lp:Marine Le Pen2
lpv:spokenAs	member; EMPL (2009-07-16--2012-01-18)3 unknown; Front national (2009-07-14--2014-06-30)3 member; NA (2009-07-14--2014-06-30)3 substitute; INTA (2009-07-16--2012-01-18)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	"After one year of debating, we are voting on the package of measures for the Union’s new economic governance. This package is about forcing the Member States to keep their deficit under 3% of GDP and their public debt under 60% of GDP. As a result, national budgets will be monitored and assessed early on by the Commission and the Member States; this is what is referred to as the European Semester. Then, recommendations will be given if debt reduction policies are not complied with. And if there is no improvement, the ‘bad pupils’ will be threatened with a demand to deposit funds equivalent to 0.2% of their GDP, and this deposit will turn into a fine if the ‘bad pupil’ refuses to follow the rules. Monitoring, assessment, recommendations then sanctions: that is what the sovereign nations of Europe will have to endure from a Commission that has no democratic legitimacy. This economic governance package is nothing short of imposing oversight, an unacceptable attack on the sovereignty and freedom of the nations to decide their future. Worse still, all this will be in vain because the austerity plans that will be imposed will stifle growth and will dramatically and irreversibly accentuate the crisis and then bankruptcy."@en1

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