Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-255-000"
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"en.20110928.19.3-255-000"2
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"The regulation defines the system of sanctions to more effectively deal with excessive macroeconomic imbalances as defined by the Ferreira report. The fine is set at 0.1% of the GDP of the Member State in question. The main reservation against the final compromise is the possibility that Member States can be punished with the interest-bearing deposit before the fine is imposed. I have abstained from the voting because despite my criticism of the report, it is also closely related to the implementation of the Ferreira report which I have supported."@en1
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