Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-160-000"

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"en.20120215.18.3-160-000"2
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"Mr President, the Annual Growth Survey 2012 is quite correct in stressing that the success of economic governance will greatly depend on the budgetary rigour implemented by the individual Member States, but it is just as important to kick-start economic growth and, at the same time, complete the internal market. Unfortunately, this did not receive sufficient focus either in the ‘six-pack’ or in the current fiscal pact. Yet short- and medium-term cuts made by the Member States in public expenditures are futile if no structural reforms are implemented. The Commission is not sufficiently satisfied with Member State reforms and efforts. It wants quick results, pressing and forcing Member States to deliver them, which leads to unnecessary austerity measures and a continuing rise in unemployment. That is why this is a good report, and that is why it is important that the Commission is finally entertaining the idea of once again giving this matter focus in its country-specific recommendations."@en1
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