Although the (European) Commission welcomes the renewed priority attached by the German government to budgetary consolidation, it is clear that the procedure needs to be stepped up to guarantee a lasting correction of the deficit.
More Quotes from Joaquin Almunia:
The European Commission has no legal power to avoid the enacting of some measures on a national level because this is not illegal,Joaquin Almunia
I think everybody agrees that the Commission is enforcing competition rules with absolute independence.
Joaquin Almunia
We think that enlargement from an economic point of view has been a clear success for the 10 new member states.
Joaquin Almunia
After the revision last year, I think from the political point of view the commission and the ministers have learned a lot about the importance of establishing good dialogue channels to avoid these kinds of conflicts.
Joaquin Almunia
I have asked (commission economists) to give me interim forecasts twice a year as well as the standard forecasts that we get twice a year.
Joaquin Almunia
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