Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-420-000"

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"Mr President, Commissioner, ladies and gentlemen, Mr Gauzès: thank you for your report. We are debating it in the fifth year of an economic crisis that has resulted in 25 million unemployed and 115 million people at risk of social exclusion: the responsibility and efficiency of the European Union are in question. The European Semester is a key tool for strengthening European economic governance and ensuring that economic policies within the EU are drawn up as a matter of common interest. Its full implementation confirms that it is a positive process, but it is still far from achieving its full potential. In order for it to progress further, we need a genuine framework for European economic policy. The Annual Growth Survey must establish a macroeconomic scenario with quantifiable targets in terms of growth, job creation and investment that contribute to competitiveness, in line with the Europe 2020 strategy targets. Multilateral surveillance must become genuine economic coordination; there must be an EU approach to establishing recommendations – which must be more explicit and detailed – that take into account the diversity of situations, the interactions and spill-over effects between Member States, and the added value that joint measures can bring. It is only with a joint perspective that we will be able to mobilise all our resources. The semester cannot be a bureaucratic procedure, but instead must be a democratic process. Economic, budgetary and social policies require transparency, participation from civil society and consensus. We need to ensure full democratic control in real time by the European Parliament and the national parliaments. In addition, we need to make further institutional changes. In order to move from muses to the theatre, from literature to budgets, programmes and reality, we are going to need to optimise our fiscal resources and have a multi-level framework for budgetary action in all aspects of the European Union."@en1
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