Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-254-250"

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	"lt"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-254-250"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-254-5002
lpv:speaker	lp:Juozas Imbrasas2
lpv:spokenAs	member; TRAN (2009-07-16--2012-01-18)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 member; EFD (2009-07-14--2014-06-30)3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2012-02-14)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; REGI (2009-07-16--2012-01-18)3
lpv:translated text	"I welcomed this document because the proposal for a regulation of the European Parliament and of the Council on enforcement measures to correct excessive macroeconomic imbalances in the euro area extends the economic surveillance process partially set out in the Stability and Growth Pact. Consequently, budgetary surveillance and fiscal surveillance are supplemented by a mechanism suited to identifying, preventing and correcting macroeconomic imbalances. The EU needs stronger economic surveillance, which should cover all relevant economic areas. Thus, macroeconomic imbalances should be looked at jointly with fiscal policy and growth-enhancing structural reforms. The mechanism for the prevention and correction of macroeconomic imbalances is made up of two sets of draft proposals. The first set of measures is outlined by the proposal for a regulation on the excessive imbalance procedure, which sets out to provide a framework for identifying and addressing macroeconomic imbalances. The second draft proposal focuses on the enforcement of measures to correct excessive macroeconomic imbalances. It is only applicable to euro-area Member States and constitutes an incentive for Member States to address macroeconomic imbalances at an early stage and to ensure appropriate corrective measures where necessary."@en1

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