Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-041-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-11-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Towards a genuine Economic and Monetary Union (debate)2
dcterms:Language	"bg"^^xsd:language2
lpv:document identification number	"en.20121120.3.2-041-000"2
lpv:hasSubsequent	lp_eu:2012-11-20-Speech-2-042-0002
lpv:speaker	lp:Ivailo Kalfin2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 substitute; CONT (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; Coalition for Bulgaria (2009-07-14--2014-06-30)3 member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 vice-chair; BUDG (2012-01-25--2013-01-22)3
lpv:translated text	"Mr President, I would like to concentrate on the fiscal and budgetary part of the report and the proposal by the four Presidents. Indeed, we have a proposal on the table for a fiscal capacity for the euro area which is going to be discussed in December 2012 by the Heads of State. This is a profound proposal which has its own logic. Of course, the single currency also needs closer integration and convergence in terms of budgetary policies. I also think that from the experience we have had with countries that are under the programme it is indispensable that besides restructuring the national budgets and cutting costs, we provide the necessary financing to keep the economy running and solve some of the most important and serious social problems. I would say that to maintain a single currency you also need a much larger budget but I am not going to touch on that. There are two ways to reach that aim. The first one is the one suggested by Parliament, and that is to have an overall approach vis-à-vis the fiscal commitments of the Member States for the European budget but also for different funds which would go to part of the Member States. The other way is the one proposed by Mr Herman van Rompuy and this is to split and discuss separately these issues and eventually to go to an intergovernmental agreement. This second way would be very dangerous because both instruments depend on the national budgets; we have the same contributors and they cannot pay twice for two budgets – that is why we need to involve everything within the frameworks of the European institutions and reach a unity of the budgetary commitments."@en1
lpv:unclassifiedMetadata	"Ivailo Kalfin (S&D ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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