Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-266-375"
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"en.20121026.23.5-266-375"2
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".
In the past, the European Union institutions analysed countries’ economic policies only retrospectively. With the adoption of the European Semester, the Member States and the European Commission are now assessing structural reforms, measures to promote growth and the budget supervision of Member States in advance and as a whole. The European Semester is the appropriate framework to ensure efficient economic governance of the euro area by Member States linked by common responsibility, which includes multilateral surveillance of budgetary and macroeconomic policies and the implementation of the European Strategy for Growth and Jobs, as established in the EU 2020 strategy. Amongst other things, Parliament asks the European Commission to give greater democratic legitimacy to the process by involving national parliaments, social partners and civil society. It also calls for the country-specific recommendations, such as policies designed to address youth unemployment and combat poverty, to be better reflected in this process. I voted in favour of this regulation, which strengthens more than one of the pillars of European economic governance and will help to build a path to prosperity and greater coordination in the EU."@en1
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