Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-269-000"
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"en.20121026.23.5-269-000"2
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The economic, social, financial and sovereign debt crises have not yet abated. The current economic situation has demonstrated that stronger coordination between Member States’ macroeconomic and budgetary policies is needed in order to achieve a more integrated and balanced economic union. The increasing disparities in competitiveness since the introduction of the euro have highlighted the need for enhanced coordination of economic and employment policies and improved budgetary practices.
The European Council is firmly committed to mobilising, at every level of governance in the EU, all levers, instruments and policies to stimulate smart, sustainable, inclusive, resource-efficient and job-creating growth. All the measures proposed for this problem should help to achieve sound and sustainable public finances, minimise macroeconomic imbalances and boost competitiveness that may help lead to higher growth and employment. I am of the view that there is a need for stronger cohesion within and among the different Member States’ recommendations, for better use of the macroeconomic scoreboard and for account to be taken of the negative effects of individual Member States’ economic policies."@en1
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