Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-263-156"

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"en.20110928.19.3-263-156"2
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"Along with the majority of members in the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, I voted against four of the six reports from the economic governance package. I voted in favour of the report on the prevention and correction of macroeconomic imbalances and abstained on the report on the enforcement measures to correct macroeconomic imbalances. Most of the new measures, which follow multiple negotiations conducted in Brussels, merely impose austerity on citizens without taking account of the economic recovery that we need if we are to get back on the path to growth and employment. The Ferreira report was alone in offering persuasive solutions in this area. Indeed, this report provides for the guaranteed protection of social rights and the introduction of a very wide range of economic indicators which allow the situation in each country to be properly taken into account. It also advocates a symmetrical approach, pointing the finger at those Member States with huge trade surpluses as being responsible for developing macroeconomic imbalances. I abstained on the Haglund report, although I do not agree with its punitive content, as it had to be adopted if the measures advocated in the Ferreira report were to be implemented."@en1

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