Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-414-000"

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"Mr President, the European Council will discuss a plan for stability and growth tomorrow. I wish that could have happened last year, when growth was considered to be a resulting effect of stability. Still, I think that this important issue is going to be discussed very thoroughly because now the Commission has four tasks on its plate: to stabilise the eurozone, to introduce fiscal discipline and coordination, to stimulate growth and to help countries, like Greece, in economic distress. Sometimes the solutions to these problems are contradictory and controversial, so there should be a single and coherent policy. Before working out the new plan, however, we have to make an assessment of the previous plans. What happened with the EUR 5 billion economic recovery plan that was adopted in 2009? Recently, we understood that the money for it had not been spent. What happened with the final Fiscal Compact? I am not one of its fervent supporters, but it has not been ratified even by countries that were pushing for it. What happened with the Euro-Plus Pact? We need to take stock of whatever has been achieved so far, and to see what measures could work in the future. I am optimistic about the measures that the Commission has suggested and about which you, Commissioner Rehn, have informed us. But what is the value of a measure if it is not adopted and taken at the right time? I hope that the Council is going to agree on mutualisation of project bonds, and on ideas for the use of unspent funds, so that we can really achieve some success and not find ourselves discussing this issue again next year."@en1
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