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Revised SGP

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Texts adopted - Wednesday, 28 September 2011 - Implementation of excessive deficit procedure * - P7_TA-PROV(2011)0425. Having regard to the Treaty on the Functioning of the European Union, and in particular the second subparagraph of Article 126(14) thereof, Having regard to the proposal from the European Commission, After transmission of the draft legislative act to the national parliaments, Having regard to the Opinion of the European Parliament(1) , Having regard to the opinion of the European Central Bank(2) , Acting in accordance with a special legislative procedure, Whereas: (1) The coordination of the economic policies of the Member States within the Union, as provided by the Treaty on the Functioning of the European Union (TFEU) , should entail compliance with the guiding principles of stable prices, sound public finances and monetary conditions and a sustainable balance of payments. (4b) Achieving and maintaining a dynamic Single Market should be considered an element of the proper and smooth functioning of the economic and monetary union.

Article 1 Regulation (EC) No 1467/97 is amended as follows: 1. Press release for new Stability and Growth Pact rules. President José Manuel Barroso - European Commission - European Commission - President José Manuel Barroso - Speeches. "New Narrative for Europe": Artists, scientists and intellectuals standing up for Europe and against populism On Saturday 1 March, in the presence of President Barroso and Chancellor Merkel, artists, scientists and intellectuals will unveil a "New Narrative for Europe" which mobilises the cultural world and citizens for Europe. The declaration will outline why Europe matters and why we have to fight for Europe and against nationalism and populism. The New Narrative for Europe is a project proposed by the European Parliament and implemented by the European Commission following the call issued by Commission President Barroso in his 2012 State of the Union Address to artists, writers, thinkers, scientists and cultural practitioners who are committed to the future of Europe and the European project.

During the launch event in April 2013 President Barroso stated: "We need to continue to tell the story of Europe. Online registration for journalists (deadline Wednesday, 26 February, 8:00 p.m.) Chronology and overview of the new framework of surveillance and enforcement. Brussels, 29 September 2010 Economic governance package (3): Chronology and overview of the new framework of surveillance and enforcement The global economic and financial crises, followed by the so-called debt crisis, exposed the need for reinforced economic governance in the Economic and Monetary Union (EMU). Economic policies need to be better co-ordinated and surveillance enhanced. The strategic elements of such a reinforced approach were outlined in the Commission's Communication of 12 May and a concrete toolbox was presented in a second Communication on 30 June.

The Commission adopted today a package of legislative proposals transforming these policy initiatives into concrete legal instruments. The European Commission in the debate on reinforcing EU's economic governance 7 May 2008. 10 th anniversary of the Economic and Monetary Union. February 2010. 1 March 2010. 25 March 2010. 10 May 2010. 12 May 2010. 17 May 2010. 30 June 2010. 29 September 2010. Preventing and correcting macroeconomic imbalances.

Brussels, 29 September 2010 Economic governance package (2): Preventing and correcting macroeconomic imbalances The global economic and financial crises, followed by the so-called debt crisis, exposed the need for reinforced economic governance in the Economic and Monetary Union (EMU). Economic policies need to be better co-ordinated and surveillance enhanced. The strategic elements of such a reinforced approach were outlined in the Commission's Communication of 12 May and a concrete toolbox was presented in a second Communication on 30 June. The issues to be tackled The crisis has revealed that major macroeconomic imbalances between EU economies could potentially undermine the cohesion of our economy, with greater risks for the euro area. Some Member States have accumulated large current account deficits and experienced losses in competitiveness. Commission's proposals There are four elements to be highlighted in this proposal. 1. 2. 3. 4.

Moreover, repeated failure of the Member State to. Strengthening the Stability and Growth Pact. Brussels, 29 September 2010 Economic governance package (1): Strengthening the Stability and Growth Pact The global economic and financial crises, followed by the so-called debt crisis, exposed the need for reinforced economic governance in the Economic and Monetary Union (EMU). Economic policies need to be better co-ordinated and surveillance enhanced. The strategic elements of such a reinforced approach were outlined in the Commission's Communication of 12 May and a concrete toolbox was presented in a second Communication on 30 June. An overview of the package and its objectives The different strands of economic policy coordination are to be integrated in a new surveillance cycle, the European Semester.

The legal instruments proposed in the legislative package adopted today by the Commission cover three main subjects: First, Commission proposes to reinforce Member States' compliance with the Stability and Growth Pact (SGP) and to deepen fiscal policy coordination.