Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-039-000"

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"Mr President, I would like to offer my sincere thanks to Mr Gauzès and Ms Ferreira, and all the other Members. My experience was that we worked very constructively on the content of the two regulations. It was a truly productive experience. In the Gauzès report, we have used the opportunity to further define how the ‘six-pack’ will affect the various countries. Through the discussion that we had at that point, we succeeded in implementing a whole series of improvements. According to Parliament’s ideas, in future, the social impact of each adaptation programme will have to be taken into account. Secondly, in future, the social partners and non-governmental organisations will be consulted in the establishment of the adaptation programmes. Thirdly, in future, the Commission will have to provide transparency in respect of the methods used in calculating the debt sustainability of each country and in forecasting the economic outlook of each country. In the past, we repeatedly saw assumption and massaging of figures. Fourthly, there is to be an audit of the remaining debts in each case. Fifthly, and finally, democratic control is to be strengthened in future, in that the decision about who is to be made subject to stricter monitoring cannot, any longer, be made by the Commission alone, but by the Council, and subject to reverse qualified majority voting in order to avoid blocking tendencies. What I view as absolutely crucial is that this and other improvements put forward by Parliament in the Gauzès report will not just apply to the Member States in the future, but also to those Member States that are suffering such serious social and economic problems now: Greece, Portugal and Ireland. In that way, Parliament has lived up to its responsibility to implement improvements in the whole context, specifically in the context of what was decided here in controversial, but ultimately successful fashion, namely, the ‘six-pack’. There is one last thing I would like to say. It concerns something that actually falls within the scope of the Ferreira report but which is the subject of controversy in Germany at present, namely, the debt redemption pact. If Parliament is to act responsibly in this regard, that means that it must take into consideration the problem of pre-existing debt. It is not enough to respond with arguments that this does not fit strictly within the context. If the Member States do not solve this problem, the euro is heading for extinction. The pre-existing debts need to be resolved, and Parliament therefore must take this proposal forward with a strong majority. I can only call on the Group of the European People’s Party (Christian Democrats), in this context, to play their part in the broad support of this amendment by Parliament."@en1

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