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Economic Committee adopts Edward Scicluna’s report on European statistics
Labour MEP Edward Scicluna’s Report on the Quality Management of European Statistics was approved with an overwhelming majority by the European Parliament´s Economic and Monetary Affairs Committee.
The report focused on improving the quality of European Statistics by improving the independence of statistical agencies and the quality of upstream data collected especially from government sources.
Scicluna, who is Vice-Chair of the Economic and Monetary Affairs Committee said:
"This report could not have come at a more opportune time in view of the critical role given by the new Fiscal Treaty to a number of benchmarks. The 'six pack' legislation together with the scoreboards being set up for both Eurozone and EU Member States require accurate and reliable statistics for their effective implementation."
The report is seeking improved structures and better governance in each Member State, stronger internal and external audits and a greater commitment by governments with respect to the accuracy of public finance data.
The report also recommends a higher contribution of expertise from Eurostat to small countries with limited resources to ensure a better compliance rate.
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Profs Edward Scicluna is the ideal person to rid Malta's finances out of this rot. Malta should be grateful that he has forked his head out to enter the Maltese political fray and face the PN onslaught. For this he will be giving up his cushy and well paid job in Brussels. He is doing a name for Malta in the Economic and Monetary Affairs Committee in Brussels at a time when Europe’s finances are so bad that no one could ever have imagined that the EU will be in this patch ten years ago when the Euro was launched. Yes he has been a big credit for Malta and the Maltese. Profs Scicluna is well tried and tested now with the important nominations he has been given over the past three and half years by his colleagues. Malta now needs him badly and quickly.
