Rue Wiertz, 60: "Los fondos de Asturias"

Rue Wiertz, 60: "Para carbón, el nuestro"

Garriga en TPA. "Crecer es tener un presupuesto fuerte"

http://www.rtpa.es/economia:Los-lideres-europeos-se-inclinan-por-apoyar-el-llamamiento-de-Rajoy-para-que-el-BCE-intervenga_111337776579.html

Salvador Garriga participará mañana en El Tren de RPA

Salvador Garriga será entrevistado mañana jueves 24 de mayo en el programa "El Tren" de RPA, matinal regional de la Radio del Principado de Asturias. La entrevista, con Roberto Pato, será a las 11:10 am.

LNE.Declaraciones de Garriga sobre fondos estructurales y de cohesión para Asturias

Garriga en "La Ventana de Asturias" de Ser Gijón

Rue Wiertz, 60: "Frog Land"

Rue Wiertz, 60: "¿Turquía europea?

Rue Wiertz, 60: "Maneras de crecer"

Intervención de Salvador Garriga en Santiago de Compostela

Let me first of all to thank KAD Stifftung for the invitation to participate alongside such prestigious politicians. As EPP spokesman on budgetary issues in the EP I'll deliver my speech in english.

All of us around this table share the view there is not other way around to overcome the crisis that building a better, deeper and integrated Europe, and we consider these troubled times are a chance as well to get it. Former speakers already insisted on it.

The pace of the economic reforms undertaken since 2010 would have been unthinkable in the first years of EMÚ. Of course, minister Schauble did insist on the argument and i do agree.

Is a fact that not respecting the original Estability Pact signed in paralel with the adopción on the single currency created a major divergence among national economies as well as mounting public deficits and souveraign debt that somewhat had to be adressed to avoid a fatal crash within EU. This is the most urgent task as ministre Garcia Margallo stated on his presentation.

Just to recapitulate: the unavoidable strenthening of economic gouvernance is based on three pillars.

1.- a reinforced economic agenda wich includes E2020, Euro+ Pact, Estability and Growth Pact, the European Semester and the Fiscal Compact as a treaty signed by 25 out of 27 MMSS. No less that 5 far reaching agreements all of them are about bringing deep changes either in European an national legislations.

2.- a framework to guarantee Stabilty in the Eurozone to create next july a permanent mechanism for finantial Stability with at least 700 hundred billion euros to be used in case of bail out.

3.- deep reforms on finantial sistem including a very strict bank legislation and the creation of European supervisory agencies.

A further set on legislation labelled as 2pack is now passing trough the EP after being drafted by EC.

2 pack is meant to make  the  Stability and Growth Pact stronger with reinforced competences for the EC on coordination of national budgets by even rejecting draft national budgets in case of majors divergences with the SGP. The Commission gets the right to force additional measures to reduce excesive budgetary deficits in MMSS. A complet enhanced surveillance is proposed in this pack. By the way, EP complaints about  intergubernamental approach wich damages the comunitarian method so dear for EPP.

However, the outcome of the Parliament negotiation is still rather unclear. Just because the European left has been tradicionally oposed to reinforce austerity, surveillance and budgetary restrictions along MMSS. They heavily voted against the six pack and they' re preparing a vote against the 2 pack as well.

The main reason for this attitude is just a political calculation. The greatest part of national governments within EU are CD or conservatives alone or in coallition with liberal parties. It means no real solución for economic crisis has been supplied by the European left. Therefore they created a fairytale that fighting against debt and deficits trough reducing expenditure is the ultimate explanation for the finantial unstability, low economic growth and even recession. And of course blaming centre right gouvernments about it.

We do accept the fact  there are still big shortcomings either in the European and national approach against the crisis. For instance, the size of the Mechanism is not enough for making MS safe from finantial markets attack. Or the insufficient rol of the European Central Bank to support national economies as the Federal Reserve does in the USA. Not mention the unacceptable delay on giving green light to Eurobonds when MS have already committed themselves to a strict fiscal coordination. EPP mostly share this feeling about Eurobonds.

In this artificial dilemma between growth and consolidation the anouncement made by Chancellor Merkel about shifting the agenda toward a more growth oriented approach gets the utmost relevance. The intensive use of EIB loans to counterbalance the contractive sideeffect of reducing national budgets has been already contemplated by the EP. The same for intensive investment in infrastructures, education and energy eficiency. 

We have the magic tool for helping national economies to grow. Is the European Budget. With a size around 140 billion each year. Inside that budget the so call agenda for growth is broadly contemplated. It's called E2020 and has been adopted by the unanimity of the European Council. When the EP adopted its position for next FFPP just pointed out that only an increase of 5% over the current FFPP would give room to finance traditional policies as CAP or Cohesion altogether with new priorities included on E2020. That would mean roughly a trillion euros to be spent at the European level in the period between 2014- 2020.

Such proposal got the support of more than the 70% of the European Parliament but now is heavily objected by the Council where the idea of drastical cuts around 100 b on the future E Budget are passing its way trough. No need to say that debate on new Own Ressources is lagging far behind in Council agenda.

Let me finish by saying is not posible to combine both approachs. Either you slash the European budget or you foster intelligent growth trough European expenditure. A sufficient European budget is the key for keeping an eye on economic recovery while making the drive for fiscal consolidation aceptable without giving the Left a chance.