Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-045-000"

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"Mr President, I would like to congratulate our rapporteurs on the quality of their work, and to add a further commentary. Barely two years ago, as some of our fellow Members seem to have forgotten, finance ministers were accusing the EU of spending too little too slowly. It is a cruel irony in that right now, the Council is trying to find a solution to the excessive indebtedness to which this attitude has led. Parliament has been keen to participate in finding solutions since this crisis first began. We are aware, President-in-Office of the Council, of the constraints from which national budgets can no longer escape. They are measured in terms of payment appropriations. We are willing to come to an agreement quickly, but we will be watching four particular points closely. The first is how far Parliament’s priorities, as mentioned by our rapporteurs, are taken into consideration, especially as regards spending on competitiveness and on Europe’s international action. The second is consistency between decisions made by the Council and how these are translated into budgetary terms. Finance ministers sometimes present a skewed picture of this consistency, for example in the areas of immigration policy and resources for financial oversight. The third point is justice to countries that most need EU aid in order to catch up on delays to which tragic historic events have condemned them. These countries must not become the indirect victims of some Member States’ poor management. The fourth point is funding for the flagship Europe 2020 priority initiatives. The financial markets themselves are now realising that a return to growth will be the surest way of guaranteeing that debt will be paid back. We often accuse the markets and bankers of being short-sighted. Let us not become blind now, just when they are starting to be a bit more clear-sighted."@en1
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