Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-252-609"
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"en.20110928.19.3-252-609"2
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"The finance ministers of the Member States met on 16 September in Wrocław, Poland, under the Polish Presidency of the Council, to assess a package of six legislative acts, comprising five regulations and a directive, aimed at improving the economic governance of the EU, which has been the focus of intense negotiations between the Council and Parliament, which has tabled 2 000 proposed amendments. This report, drafted by Mr Haglund, is part of this strategy, and looks at implementing measures that are aimed at correcting macroeconomic imbalances in the euro area. In April 2011 the Committee on Economic and Monetary Affairs adopted a set of measures aimed at strengthening the Stability and Growth Pact, as well as budgetary surveillance. I also welcome the adoption of this regulation, which, besides avoiding excessive deficit and debt, will enhance the early detection of harmful budgetary deviations and macroeconomic imbalances, so that the competent authorities can take the necessary corrective measures in good time. In addition, the new legislative framework will consider a set of sanctions to discourage failures by the Member States."@en1
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