The fiscal stability treaty is an important agreement between all the members au of EU. It aims to give a fresh start ( a da o gura de aer, fresh restart) to the CPs economical situation and have them follow the right budgetary track. The major two disputes we had to cope with were the undeniable incompatibility between the states' own vision of monetary growth and their economic status quo.
The fiscal stability treaty is an important agreement between all the members au of EU. It aims to give a fresh start ( a da o gura de aer, fresh restart) to the CPs economical situation and have them follow the right budgetary track. The major two disputes we had to cope with were the undeniable incompatibility between the states' own vision of monetary growth and their economic status quo.
The fiscal stability treaty is an important agreement between all the members au of EU. It aims to give a fresh start ( a da o gura de aer, fresh restart) to the CPs economical situation and have them follow the right budgetary track. The major two disputes we had to cope with were the undeniable incompatibility between the states' own vision of monetary growth and their economic status quo.
To start with, i have to let you know that, these days my committee
faced a complex and tough topic that has a major impact on a
country s well being situation. We have been working on the fiscal stability treaty, an important agreement between all the members au of EU that aims to give a fresh start ( a da o gura de aer, fresh restart) to the CPs economical situation and have them follow the right budgetary track.
The major two disputes we had to cope with were the fact that, on one hand, there s the undeniable incompatibility between the states' own vision of monetary growth and their economical status quo. It is unacceptable, for example, to put in the same room countries like Germany and Rom and ask both of them to reach the same goal cuz it d lead to a huge inbalanced mess. On the other hand, the other main issue we came across was the the treaty's inflexibility reggarding the possibility to change or to adapt it, which is totally undemocratic thing and puts a lot of pressure on the states.
Therefore, considering what i ve just mentioned, the first thing to be changed about the FST is to dived it in two parts. Firstly the general aspects that should apply for all CP and then, the the part where the FST gives specific directives for each type of country according to their condition. This way the target will be more achieveable for all countries.
Once we do that, we solve a series of problems, including the undemocratic way to implement the FST.
Furthermore, it is also extremely important that we tackle the countries' deficit in a way that does not affect the people and states' industristries. So that, we believe that stimulus should be the method we focus on by investing more in the main markets and areas of interest so that austerity measurs will only be encouraged in special alarming cases. This way the pshycological impact on population will be a favourable one, without risking to affect their buying force and saving accounts.
We need people to work, we need jobs for them and we must make them feel comfortable about tomorrow. We showed that the fst must have the states strive to achieve autarky and while maintaining the international trade.
Thats the solution, people being supported, international network being encouraged, facilitating jobs trough nonrefundable funds and not austerity measures that would only make people uncerain and worried. Therefore we believe that the terms of the treaty should be revisited with a view to a greater emphasis on stimulus and less on austeryty.