Traduction de «PACT » (Anglais → Français) :

16. Calls on Member States to consider signing to a ‘Social Investment Pact’, which sets investment targets and creates a reinforced control mechanism for improving efforts to meet the employment, social and education targets of the Europe 2020 strategy; this ’Social Investment Pact’, like e.g. the ‘Euro Plus Pact’, would contain a list of specific measures in form of social investments to be taken by Member States in a given timeframe in order to meet the employment, social and education targets in line with the Annual Growth Survey and National Reform Programmes; this should be subject to a regular surveillance framework with a stron ...[+++]g role for the European Commission and the European Parliament and the involvement of all relevant formations of the Council;

16. Calls on Member States to consider signing to a ‘Social Investment Pact’, which sets investment targets and creates a reinforced control mechanism for improving efforts to meet the employment, social and education targets of the Europe 2020 strategy; this ‘Social Investment Pact’, like e.g. the ‘Euro Plus Pact’, would contain a list of specific measures in form of social investments to be taken by Member States in a given timeframe in order to meet the employment, social and education targets in line with the Annual Growth Survey and National Reform Programmes; this should be subject to a regular surveillance framework with a stron ...[+++]g role for the European Commission and the European Parliament and the involvement of all relevant formations of the Council;

2. Points out that the lack of success of several Member States in fulfilling the obligations of the Stability and Growth Pact led to its modification; expresses doubts about the way in which the Stability and Growth Pact is being modified, as the Commission's role, which has proven to be too weak in the past, has not been strengthened; welcomes the efforts to improve the preventive arm of the Pact and the increased attention given to the overall debt level; is concerned about the lack of clarity of the new rules of the coercive arm of the Pact, which lacks the transparency of the old rules; expects the Member States to adapt their b ...[+++]udgetary procedures to the new Pact in a credible way; warns of the danger of lax handling of the Pact, which might undermine the credibility of the euro as well as the long-term sustainability of public finances and might lead to higher inflation rates, possibly forcing the ECB to increase interest rates in the medium and long term; reserves its final position on this matter until the Commission presents its draft legislative proposals;

In conclusion, the Pact can no longer content itself with being merely a pact for stability, and unfortunately also a pact for economic stagnation, but must become a pact for competitiveness, for structural reform and, above all, a pact to guarantee a future for our children.

6. Stresses that although a multilateral surveillance of budgetary policies to reach convergence in the context of the Stability and Growth Pact is easier to implement in phases of national economy growth, it should also be carried out strictly in accordance with the Stability and Growth Pact in downturns, bearing in mind that in its present form the pact allows for substantial flexibility for struggling economies; notes that those Member States which complied best with the Stability and Growth Pact in a favourable economic climate tend to perform better during a general slump;

In September 2004 the Commission reacted to this and to the debate surrounding the stability and growth pact by issuing a communication on strengthening economic governance and clarifying the implementation of the Stability and Growth Pact.