Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-283-500"

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"en.20110928.19.3-283-500"2
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"The economic governance legislative package should be affirmed as a fundamental instrument of the European Union for preventing future crises and promoting economic competitiveness. A proper regulatory framework is necessary to achieve key objectives such as European economic recovery and the consolidation of the internal market, the sustainability of pension systems, and structural reforms which stimulate employment and ensure the flexibility and security of the labour market. In this context, speeding up and clarifying the implementation of the excessive deficit procedure is crucial to measuring and controlling the dynamics of debt in the euro area, and the existing rules should also be revised in order to prevent the worsening of current situations, as well as to allow for a clearer and more flexible framework for future recommendations by the Commission. European economic governance with a stronger Community method should be of common concern to all the Member States. In order for this European governance to be successful, the Member States and their national parliaments need take more responsibility, and national reform programmes should contribute to an integrated approach that is aimed at growth and the creation of employment. I voted for the report for those reasons."@en1

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