Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-263-187"

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"I abstained from voting on this report. Indeed, it provides for a plan of enhanced supervision of Member States in the event of excessive macroeconomic imbalances, although neither the report nor the legislative package of which it is part provides the structures of economic governance that Europe so desperately needs. At a time when the crisis is severely affecting the people of Europe, the European Parliament cannot send out a message of austerity which citizens will not understand nor be able to explain, and which is detrimental to the European project. Furthermore, this report is not ambitious enough. We must tighten our belts to avoid public deficits, but not to the detriment of social justice and the future investment that is needed if we are to build a sustainable economy. In other words, we need more Europe if we are to face up to the crisis: a more successful fiscal, social and political union and a European budget with own resources."@en1

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