Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-276-500"
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"en.20120613.24.3-276-500"2
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"This report on the economic surveillance of euro area Member States experiencing serious difficulties with respect to their financial stability fits well into the common system of economic governance, as I truly believe that after the ‘six-pack’ on economic governance, the second economic governance package, which further elaborates on the practical aspects of fiscal discipline, is timely and essential for giving Europe a chance to initiate long-awaited growth. The crisis management experience of the past months has clearly revealed that without fiscal discipline, not only can we not talk about actual economic growth; we cannot even talk about actual economic performance. The report tabled before us foresees not only the fulfilment of minimum requirements but also financial assistance to Member States in difficulty through the European Stability Mechanism, and although the final vote was postponed in order to allow the commencement of the trialogue with the Council and the Commission on the text adopted at first reading, I supported the amended text just as I did at the Committee vote."@en1
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