Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-235-000"
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"en.20110928.19.3-235-000"2
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"At today’s vote, MEPs from the Polish Law and Justice party endorsed the six legislative acts which are intended to tighten control over the budgetary and economic policies of the Member States in order to provide better protection against macroeconomic upheavals and also to make the procedure for the control of excessive budget deficit more effective.
It should be pointed out that the new instruments do not represent a complete prescription for the crisis in the euro area. Furthermore, there is a risk that the new powers could be used in a way which will mean that Europe’s competitiveness, instead of benefiting, will suffer. The Member States must above all avoid the spread of inappropriate measures across the whole of the EU in the area of labour, budgetary or fiscal policy. For Poland, the next few years must be a period of careful investigation as to whether the new mechanisms are having a beneficial effect on the competitiveness of our economies. Only the outcome of this crisis test of the euro area will determine the route for Poland’s adoption of the single currency."@en1
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