Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-287-000"

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	"ro"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-287-000"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-287-0312
lpv:speaker	lp:Elena Oana Antonescu2
lpv:spokenAs	substitute; LIBE (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; ENVI (2009-07-16--2012-01-18)3 member; EPP (2009-07-14--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2012-10-21)3
lpv:translated text	"In several countries the seemingly sound budgetary positions during the pre-crisis period covered up the strong dependence on exceptional revenues for funding expenses. The decline in these revenues has contributed to the steep rise in budget deficits. In order to tackle these shortcomings, budget policy needs to be coordinated and monitored with the aim of consolidating the Stability and Growth Pact by providing it with more effective implementation instruments and supplementing the pact with provisions relating to national budgetary frameworks. The budgetary framework is intended to guarantee that Member States apply prudent budget policies, so that it is not necessary to adopt stricter forms of coordination to avoid jeopardising the sustainability of public finances and the potential adverse consequences for the entire Economic and Monetary Union. Consequently, Member States are called on to submit stability and convergence programmes in which they set out their plans for achieving the medium-term budgetary targets, which are defined as a percentage of GDP in structural terms."@en1

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