Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-071-000"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20120612.5.2-071-000"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
"Mr President, ladies and gentlemen, the Stability and Growth Pact, the European Semester, the ‘six-pack’ and the ‘two-pack’ belong together. They complement one another, they correct past errors and they deepen and signify a strengthening of the Commission.
The Gauzès report represents a first step towards European insolvency law, which is a prerequisite for fiscal union. Fiscal union, in turn, is a prerequisite for the implementation of political union. If we do not Europeanise budget policy, we cannot conduct a stability-oriented monetary policy. With these two reports we have, on the one hand, stronger surveillance and protection against national bankruptcy and, on the other, the monitoring of budgetary plans and a stronger right of intervention on the part of the Commission. It is a step in the right direction; things just always take quite a long time here. Let us continue in this direction since debt reduction alone will still not bring about the resolution of our crisis.
One, however, requires the other. One provides trust for the necessary investments and the repurchasing of government bonds. Today, an important step was taken, but it must not be the last."@en1
|
lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples