Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-331"

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"Mr President, my contribution concerns Mr Hoang Ngoc’s report on sustainable finances within the public sector. It has been a very interesting report to work on. The situation was – and the rapporteur’s speech made this clear, too – that, from an ideological point of view, we had quite differing views on this question. In this connection, it is important to remember what has happened in Europe in recent weeks, where we have an economic crisis, the like of which we have seldom seen before. The crisis is largely due to a failure on the part of Member States to look after their own finances and to keep their own house in order. It was therefore perhaps a little surprising that we had such major ideological differences about whether it was actually judicious to borrow and spend as much money as many countries have done in recent years. As I say, there were quite major differences on these issues, something that we have also seen in the Chamber. Fortunately, a very broad majority in the committee was also of the opinion that there was a need for tougher measures to remedy the situation we find ourselves in. The Commission has brought forward very good proposals in recent weeks. A start has finally now been made on taking decisions that will actually lead to us getting order back into Europe’s economy. That is exactly what we need. That is why the discussions in the committee were exciting, to say the least. It is important to remember that we are not only dealing with our current borrowing, but also with future challenges such as Europe’s demographics, its ageing population and so on. This was an important report, and I think we made positive amendments to it. I am convinced that the decision this House reaches will be a sound one."@en1
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