Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-195-000"
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"en.20111201.35.4-195-000"2
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"Mr President, I voted for this report because the European Union needs to tackle macro-economic imbalances using a symmetrical approach. Member States’ economic policies need to be coordinated more closely, especially during a recession. However, a sense of responsibility and courage are needed from governments so that they apply the austerity measures required for economic recovery. Current disparities in terms of inflation rate and competitiveness must be corrected.
I must point out that, without adopting effective structural measures, Europe will only achieve an economic growth rate of roughly 1.5% by 2020. At the same time, national budgets must not jeopardise the whole EU’s financial stability, and harmonising the EU budget and Member States’ budgets is an absolute must. The Euro Plus Pact, which my country has also joined, will help improve the coordination of economic policies."@en1
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