Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-10-24-Speech-4-305-187"
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"en.20131024.27.4-305-187"2
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"If we want to build on the slight economic recovery underway in the Eurozone, we need to achieve a better balance between consolidating budgets and investing in growth. Europe will not achieve the Europe 2020 strategy targets, especially the ambitious employment, education and social inclusion targets, if we do not promote growth-friendly fiscal consolidation that takes country-specific situations fully into account and that promotes targeted social investments. I welcome the belated recognition that all Member States, not only those with a deficit, but also those with a surplus, have a role to play in correcting economic imbalances. The Commission should give Member States, including those taking part in Troika programmes, the flexibility they need to make full use of EU funding under the 2014-20 budgetary framework that moves us towards the Europe 2020 targets. The recent Commission proposal to establish a social indicators scoreboard is a step forward but should be complemented with a system that triggers preventative and corrective action in response to social imbalances. Finally there needs to be deeper involvement by the European Parliament and by national parliaments in the European Semester process, as well as over the actions of the Troika."@en1
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