Vote on European Semester for economic policy coordination - Annual Growth Survey 2013: - extracts - statement by Elisa FERREIRA (S&D, PT)

Type: News   Reference: 90163   Duration: 00:03:23  Lieu: Brussels, Belgium - European Parliament
End production: 22/01/2013   First transmission: 22/01/2013
The Committee of Economic and Monetary affairs voted this afternoon a report made by the Portuguese Social Democrat Elisa FERREIRA on the EC's Annual Growth Survey 2013. The report defends that the Survey is too much focused on austerity and calls on the Commission to strength the recommendations on investment for growth, solidarity between Member States and democratic legitimacy. The Annual Growth Survey 2013 is the start of the European Semester method for economic policy coordination. This method was made to ensure that Member States align their budgetary and economic plans with the Stability and Growth Pact and the Europe 2020 strategy. The Annual Growth Survey 2013 is already the third Survey proposed since the European Semester was introduced in 2010. EU economic policy coordination is now supported by a process known as European Semester, which provides a common timetable for EU policy guidance and the monitoring of national actions. Final vote : report Rejected 40 total voters; 19 in favour; 21 against; 0 abstention

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00:00:00 Title 00:00:05
00:00:05 Exterior view of the EP, Brussels 00:00:05
00:00:10 Views in the meeting room during the vote (4 shots) 00:00:17
00:00:27 Final vote : report Rejected 40 total voters; 19 in favour; 21 against; 0 abstention 00:00:12
00:00:39 SOUNDBITE (English) Elisa FERREIRA (S&D, PT) speaking in the Committee room: "The moment we are going trough in Europe is sufficiently serious for citizens to expect from us a clear message to the Commission. I'm terrible sorry, that having done everything that has in my reach to negotiate and to compromise in good faith, this was not possible. So I don't recognise myself in the outcome of this occurred vote, without preliminary adequate negotiations between political groups, and with a lot of failing in the last moment, in the compromises previously agreed". 00:00:41
00:01:20 Walking sot with Elisa FERREIRA (S&D, PT) 00:00:07
00:01:27 SOUNDBITE (English) Elisa FERREIRA (S&D, PT) statement : "My report was asking for reassessment of recommendation set up and imposed on countries in the coming out off the crises. It was based on very clear indicators and calculators, and models that shows that in fact we are over doing the recessionary agenda, and the outcome of that is much stronger in the negative sense, than what is expected. The demand was that we use all the margin of manoeuvre that exists in stability and growth pact revised, so that we adjust the path of recommendations and the strength, the size of the restrictiveness in order to make a softer adjustment to come back to a normal economic situation". 00:01:00
00:02:27 SOUNDBITE (English) Elisa FERREIRA (S&D, PT) (Speaking about an European study done by 3 independent Universities) "They come out to the conclusion that the efforts that we are doing in the eurozone on this moment, the recessionary agenda could be reduced by half, using the margin of manoeuvre that t is available in the stability and growth pact, and all this gesture will increase the growth pact of the eurozone by 0.7%." 00:00:25
00:02:52 SOUNDBITE (English) Elisa FERREIRA (S&D, PT) "I would not, as rapporteur, and as a coordinator from S&D, be comfortable vis-à-vis the citizens, if I would approved a report form the economic committee that said exactly the opposite of what I think, of what we think, and of what the majority of the Committee finally ended up saying that the report as changed is not good". 00:00:31
00:03:23 END 00:00:00
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