Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-292-187"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-292-187"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-292-2182
lpv:speaker	lp:Vital Moreira2
lpv:spokenAs	member; Conference of Committee Chairs (2009-07-16--2012-01-18)3 substitute; AFCO (2009-07-16--2012-01-18)3 unknown; Partido Socialista (2009-07-14--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation for relations with the Pan-African Parliament (2009-09-16--2014-06-30)3 chair; INTA (2009-07-16--2012-01-18)3
lpv:translated text	"Despite having abstained from voting on some of the reports of the so-called ‘economic governance package’, I believe that this body of legislation represents notable progress in the integration of the budgetary policies and economic policies of the Member States, with the aim of strengthening budgetary discipline and reducing macroeconomic imbalances and asymmetries in competitiveness, which are conditions for the stability of the euro, economic recovery and the external competitiveness of the European economy. This legislative package corrects some of the key weaknesses which have long been identified in the structure of the euro and the monetary union. If this new system had been established at the beginning of the monetary union, it is very likely that the EU would have resisted the 2008 banking crisis and the subsequent economic crisis differently, and could have been spared the current public debt crisis. If we could not prevent the crisis, at least let us draw lessons from it in order to prevent other crises in the future. Moreover, the adoption of this legislative package sends a strong message of confidence to the financial markets and economic agents as regards guarantees of the stability of the euro. The adoption of this comprehensive reform is therefore to be welcomed."@en1

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