Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-274-812"

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"This proposal which, together with the proposal for a regulation of the European Parliament and of the Council on common provisions for monitoring and assessing draft budgetary plans and ensuring the correction of excessive deficit of the Member States in the euro area, constitutes what is known as the ‘two-pack’, enhances the previously adopted ‘economic governance package’. The purpose of this specific regulation is to ensure the conditions for enhanced supervision and protection of the Member States targeted with financial assistance and/or threatened with difficulties or instability, using preventative measures that enable resolution of the problem in advance. This is another step in the right direction. This represents more Europe and more integration; a course towards a common future. It is the path of shared economic and environmental growth and development, peace, prosperity and happiness, like the last 55 years. The vast majority of the European public do not seem to have grasped this reality, however, because of the times of economic, financial and fiscal crisis we are experiencing."@en1

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