Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-416-000"

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"en.20121025.29.4-416-000"2
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"Mr President, I would like to thank Mr Gauzès for his work on this important report. Good use of the European Semester could be a valuable aid to budgetary surveillance. The Semester is very useful for Member States that want to strengthen fiscal and monetary union. The country-specific recommendations for the United Kingdom highlight the difficult but necessary measures taken by the British Government. These measures have corrected 10 years of waste by the previous Labour Government. The Commission fully supports the budgetary consolidation implemented by the United Kingdom. It recognises the importance of the apprenticeship programmes put in place to combat youth unemployment. Lastly, it approves of the reforms we are making in the banking sector. Unfortunately, the first draft report by Mr Gauzès was undone by political amendments within the Committee on Economic and Monetary Affairs. Those amendments transformed this balanced report into a political manifesto for a federal Europe. Those changes are unacceptable and my Group cannot vote for this report."@en1
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