Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-289-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-06-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20120613.24.3-289-000"2
lpv:hasSubsequent	lp_eu:2012-06-13-Speech-3-289-5002
lpv:speaker	lp:Jacek Włosowicz2
lpv:spokenAs	substitute; AGRI (2012-01-19--2014-06-30)3 member; BUDG (2012-01-19--2014-06-30)3 member; EFD (2011-12-29--2014-06-30)3 unknown; Solidarna Polska (2012-04-04--2014-06-30)3 member; Delegation for relations with the Arab Peninsula (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2012-01-31--2014-06-30)3 substitute; Delegation for relations with the United States (2012-01-31--2014-06-30)3
lpv:translated text	"The current economic crisis, which has had a huge effect not just on the EU, but also on the entire world economy, has been a major factor in slowing economic growth. The European Union is currently trying to tackle the difficult economic situation. However, the effects of these efforts vary depending on the Member State concerned. The biggest struggle with the crisis is so far being experienced by the peripheral countries of the EU, or what are known as the PIGS countries – Portugal, Italy, Greece and Spain – as well as Ireland and also Cyprus, which is more and more often being mentioned in this connection. The ever greater budget deficits and the growth in bond yields of particular Member States (Greek bonds have now reached a level of nearly 30%), as well as the problems facing the banks, have prompted these countries to ask the European institutions for financial assistance. These requests have made the authorities in Brussels decide to introduce greater economic and budgetary supervision of Member States which need financial assistance to help them fight the crisis. The ‘two-pack’, or legislation tightening the Commission’s supervision of national budgets, will mean the European Commission will have very great powers in setting these budgets. In my opinion, the placing of ever greater powers in the hands of a single body may, in the long term, prove to be a very dangerous trend. I think that when budgets are controlled at national or even regional level, they are managed more effectively. Furthermore, the proposed measure is somewhat belated and will not deliver what is expected of it. That is why I am voting against the resolution."@en1

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