Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-251-000"

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	"de"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-251-000"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-252-0002
lpv:speaker	lp:Angelika Werthmann2
lpv:spokenAs	substitute; FEMM (2011-03-01--2012-01-18)3 member; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; - (2010-07-14--2014-06-30)3 member; NA (2009-07-14--2012-07-03)3 member; PETI (2009-07-16--2012-01-18)3 substitute; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-16--2012-07-03)3
lpv:translated text	". − I am in favour of significantly strengthening the Stability and Growth Pact in the euro area. It is only possible to ensure that obligations of this kind are fulfilled by effectively enforcing far-reaching sanctions. A deposit or fine of up to 0.2% of gross domestic product (GDP) is a considerable penalty. The long-term effect of this sanction mechanism will be that those Member States which for years have failed to manage their budgets effectively will have to make use of the bail-out option as a result and this is funded (although at least not exclusively) by money from taxpayers who have complied with the rules. This will understandably be regarded as unfair by the majority of European citizens. Because of one lesson that has so far been learnt from the Stability and Growth Pact, considerable financial penalties will be applied in future if the statistics are manipulated."@en1

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