Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-077-812"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-01"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the informal European Council meeting of 30 January 2012 (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20120201.12.3-077-812"2
lpv:hasSubsequent	lp_eu:2012-02-01-Speech-3-077-8752
lpv:speaker	lp:Silvia-Adriana Țicău2
lpv:spokenAs	unknown; Partidul Social Democrat (2009-07-14--2014-06-30)3 member; Delegation for relations with India (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Mercosur countries (2009-09-16--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 vice-chair; TRAN (2012-01-23--2014-06-30)3
lpv:translated text	"At the European Council of 30 January, 25 Member States signed the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. The new Treaty makes it compulsory for Member States to have national budgets that are balanced or in surplus, otherwise an automatic mechanism will be triggered to take corrective action. The Treaty will be signed in March and will enter into force after being ratified by at least 12 Member States of the euro area. Within maximum five years after entering into force, the Treaty must be incorporated in EU law. The Treaty represents the signatory states’ firm commitment to strengthen fiscal discipline. Austerity measures, however, do not guarantee economic growth. Through the deterioration of the quality of life of many European citizens and the increase in the share of population at risk of poverty, austerity measures have created real social crises in some Member States, and have led to the deterioration of the European social model. We regret that at the European Council of 30 January Member States did not make a similarly firm commitment to stimulate employment, especially among young people, to finalise the single market, increase competitiveness in EU, and stimulate the financing of economy, in particular that of SMEs. These are essential for maintaining the European social model and for implementing the Europe 2020 strategy."@en1

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