Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-252-593"

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"en.20110928.19.3-252-593"2
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"I welcome the introduction of a joint mechanism for sanctions in order to correct macroeconomic imbalances, alongside what is happening now, in the rules of the Stability and Growth Pact. The procedure provided for in this report is totally new to the framework of Union law, and I believe it will go on to play an indispensible role in the Member States’ future macroeconomic policies. It will enable not only greater coordination, but also greater accountability by governments at national and EU level. I would also stress the introduction of the reversed qualified majority rule in the Council when decisions are being taken that are essential to the proper functioning of this package. Finally, I should like to congratulate my colleague, Mr Haglund, on his excellent work and dedication."@en1

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