Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-355-500"

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"en.20120704.25.3-355-500"2
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"The fact that the EU is currently experiencing a deep crisis and seeking a stable and consistent way of articulating its economic and financial life is bound to be reflected in the budgets it implements. It is advisable to consider fund choices and moderation of expenditure, in such a way that does not jeopardise the ‘health’ of its public accounts, whilst not calling into question the sustained continuation of EU activity and the stimuli that it gives to growth. This consolidation should be planned in a smart way and should seek to cut spending in a way that is not just not blind but is well aware of realities and specific needs, and that does not jeopardise commitments made to outside partners. What would appear, at first glance, to be squaring the circle must not simply be tried but must be successful. An EU with consolidated and balanced accounts will be more capable of tackling the challenges of the future and will send the right signal to the Member States and the markets."@en1

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