Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-241-500"

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	"cs"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-241-500"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-241-7502
lpv:speaker	lp:Jan Březina2
lpv:spokenAs	member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; REGI (2009-07-16--2012-01-18)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Křesťanská a demokratická unie - Československá strana lidová (2009-07-14--2013-06-01)3 member; ITRE (2009-07-16--2012-01-18)3
lpv:translated text	"Member States whose currency is the euro should conduct economic policies that promote the proper functioning of economic and monetary union, and should avoid policies that jeopardise it. To ensure the proper functioning of economic and monetary union, the Treaty allows the adoption of specific measures in the euro area which go beyond the provisions applicable to all Member States. In my opinion, additional sanctions are necessary to make the enforcement of budgetary surveillance more effective in the euro area. These sanctions should enhance the credibility of the fiscal surveillance framework of the Union. Sanctions for Member States whose currency is the euro in the preventive part of the Stability and Growth Pact should provide incentives for prudent fiscal policy-making. Such policy-making should ensure that the growth rate of government expenditure does not normally exceed a prudent medium-term growth rate of gross domestic product. I applaud the fact that, in the corrective part of the Stability and Growth Pact, sanctions for Member States whose currency is the euro should take the form of an obligation to lodge a non-interest-bearing deposit linked to a Council decision establishing the existence of an excessive deficit and an obligation to pay a fine in the event of non-compliance with a Council recommendation to correct an excessive government deficit. I think it is beneficial that, where the Commission decides to impose a penalty, such a decision may be overturned only by a majority of Member States."@en1

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