Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-266-125"
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"en.20121026.23.5-266-125"2
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".
I voted in favour of this report. The European Semester is a six-month period each year when Member States’ budgetary and structural policies are reviewed in order to establish anomalies and emerging imbalances. During this period, the Commission gives policy guidance and recommendations to the governments before their national budgets are finalised. This helps Member States to coordinate their economic policies better, benefiting from a shared EU economic agenda while still tailoring policy for their national situation. I welcome the proposals to democratise the European Semester, involving national parliaments, social partners and civil society more in the European Semester process. I welcome the measures that have been proposed to ensure sustainable public finances, minimise macroeconomic imbalances and boost competitiveness that will accelerate growth and increase employment. I welcome calls for the Commission to produce the Annual Growth Survey 2013, based on reliable economic data and reflecting the Member States’ true macroeconomic situation."@en1
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