Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-254-750"
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"en.20111201.35.4-254-750"2
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"There can be no disagreement with support for a measure which represents a real and substantial breath of fresh air for Member States with the greatest economic and financial difficulties. In the same way, there can be no opposition to backing a measure which represents an attempt to maximise the use of European funding, avoiding the risk of funds not being spent due to a lack of available funds on the part of Member States, and of a consequent further deterioration and weakening of economic and social conditions. Although limited to Member States that have had access to financial stability mechanisms, the measure should therefore be supported and approved without further ado. However, this does not mean that we should not draw attention to the fact that it is a demonstration of the failure of the stability pact and ‘six-pack’ as wished for and approved by the right-wing majority in the Commission and Parliament. More specifically, this ‘contingent’ action restricts itself to mitigating the effects, which are, by their nature, ‘structural’, of the vicious cycle created, in particular, by the failure to exclude appropriations for investments from the rigid criteria of the stability pact, also because of the failure to introduce a golden rule on investments. Stop-gap measures are welcome, provided we are aware that the strategy pursued was wrong and that corrective structural measures are urgently required."@en1
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