Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-427-000"
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"en.20121025.29.4-427-000"2
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"Mr President, the European Semester for economic policy coordination is a successful model. It provides us with an early warning system to identify imbalances in the EU Member States as soon as possible. The European Semester works effectively in tandem with the Stability and Growth Pact. At national level, settled policy measures must actually be implemented.
The demands from the left to soften the rules again have no foundation. These demands would scupper any efforts to strengthen competitiveness and fiscal discipline in the Member States. Mr Kariņš has given a good example from his home town. Mr Gauzès makes it clear in his report that the approach of making consistent structural reforms while also consolidating the budget is fully justified. In this way the debt crisis can be better overcome, at last.
After tough negotiations within the groups, we in the Committee on Economic and Monetary Affairs agreed upon a well-balanced report advocating a careful strategy as part of economic and budgetary coordination. In future, however, I hope that, alongside the economic components, social concerns will be placed in the foreground once more. An intensification of social dialogue is just as important as progress in improving job quality, mobility within labour markets and training. Well done, Mr Gauzès."@en1
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