Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-035-000"

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"Mr President, ladies and gentlemen, as rapporteur for the opinion of the Committee on Employment and Social Affairs, I would first like to draw attention to the fact that, in spite of my opposition to the philosophy behind this economic governance, and especially to austerity as a means of forcing down Member States’ deficits and debts, my group did not take the approach of rejecting these proposals outright. We saw it as an opportunity, in the hope that Parliament’s contribution could improve them. Our committee, which is aware of the need for solidarity, was able, for example, to introduce the clause on abiding by collective agreements, to reject the macro-economic conditions for access to the Structural Funds, give Parliament a more important role and national budgets a greater role in implementing the objectives of the Europe 2020 strategy for growth and jobs. The Committee on Economic and Monetary Affairs incorporated these points to some extent, but generally speaking, in spite of the efforts of our rapporteur, Elisa Ferreira, whom I congratulate, I must share with you my sense of dissatisfaction, especially on the areas that were not within the remit of the Committee on Employment and Social Affairs This package reinforces the economic surveillance that my group opposed at the time of the vote on the ‘six-pack’. The procedure is inflexible and applies harsh, uniform formulae to all Member States, regardless of the structure and origin of their debt. After this weekend’s meetings to unblock the aid to Spain, we cannot claim that one size fits all. The Ferreira report contains some sound steps towards new governance approaches but, even with the amendments proposed by our rapporteur, I still fear that the spending needed for growth and jobs will be sacrificed to try to please the markets. In the current climate in the Council, where growth through stimulus and investment are finally being talked about alongside budgetary discipline, to enshrine in law processes that are out of step with a new political order will not help to soothe the markets and stimulate growth."@en1
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