Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-295-005"
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"en.20120613.24.3-295-005"2
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"On Wednesday, 13 June, the Members of the European Parliament voted on the two reports known as the ‘two-pack’, which complement the package of six legislative acts aimed at strengthening economic governance. The text by Ms Ferreira, which gave rise to most debate, seeks to strengthen the Commission’s role in examining the budgets of the Member States. As a result, the Commission will be able to ask a Member State to present a new budgetary plan if its trajectory strays too far from the requirements of the Stability and Growth Pact. The adoption of both reports should allow us to provide broad guidelines for the two rapporteurs who will have to negotiate the regulations with the Member States and the Commission. Nevertheless, the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, using unseemly tactics, succeeded in incorporating amendments on the creation of a redemption fund for countries’ debt amounts above 60% of GDP. While the debate on debt pooling remains open, some Members have expressed their support for a mechanism that is unclear. The European Parliament must now impose a principle that, nevertheless, is far from having unanimous support in this House."@en1
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