Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-305-500"
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"en.20120202.31.4-305-500"2
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"The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union enhances budgetary discipline and I welcome that. As such, the Treaty gives greater legal strength to the golden rule on a return to balanced public finances. French socialists and Mr Hollande have been warned: none of the 25 Member States party to the Treaty will be able to escape the objective of balanced budgets and failing to meet it will lead to sanctions being imposed by the European Court of Justice.
I regret, however, the fact that, in forgetting to commend the political will shown by Nicolas Sarkozy and Angela Merkel, this resolution adopted by Parliament does not acknowledge the significant progress that has been made to enable this new Treaty to be implemented."@en1
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