Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-281-000"
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"en.20120613.24.3-281-000"2
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"Last year, Parliament, the Commission and the Council agreed on the ‘six-pack’ in the conciliation procedure. This tightens up the rules in the Member States in favour of effective debt reduction and limitation of new debt. Today, this significant step is followed up by another: the ‘two-pack’. More effective coordination and control of national budgets provides a basis for avoiding economic imbalances. We do not need less Europe, we need more of it – in the interests of all the euro area countries. A uniform timetable must be developed for all budget planning which is harmonised with the European Semester. The fiscal pact, the ‘six-pack’ and the ‘two-pack’ belong directly together. They cannot be subject to variations in mood or opinion polls. The defamation of the necessary path of austerity, which was reached by consensus, and the glorification of a growth path is pure polemic. Only when budgets have been cleaned up and reforms implemented can we invest effectively for the medium and long term. The Group of the European People’s Party (Christian Democrats) has supported growth thinking for years, and this was and remains the basis of the Europe 2010 and Europe 2020 strategies. In other words, this is nothing new at all. We can only sensibly invest our citizens’ money in training, education, infrastructure and the fight against unemployment when we have a sound budgetary basis. We need growth with substance that is not financed on tick."@en1
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