3. In order to verify the consistency of the data notified by the Member States in relation to the expenditure or other information provided for in this Regulation, the Commission shall be empowered, in the case of non-compliance with the obligation to notify the Commission pursuant to Article 102, to adopt delegated acts in accordance with Article 115 on the deferral of monthly payments to Member States referred to in Article 42 with regard to expenditure under the EAGF and laying down the conditions under which it will reduce or suspend interim payments to Member States under the EAFRD referred to in that Article.

Whilst, of course, we must find solutions to deal with the immediate consequences of these policies, and fiscal retrenchment is essential, we must equally importantly commit ourselves to economic reform: to extend labour market flexibility to create jobs, to open markets and remove barriers to trade, and to stimulate private investment so that we can fill the void left by reduced public sector spending.

It is stated on page 2 that a reduction of current expenditure in 2011 of just over EUR 2 billion will be implemented, including social protection expenditure reductions, a reduction of public service employment numbers, a reduction of existing public service pensions on a progressive basis, other expenditure savings of over EUR 1 billion, and a reduction of close to EUR 2 billion in public capital expenditure against existing plans for 2011.

The reduction of central government expenditure influences also the regional governments so that they too are obliged to reduce their expenditure.

14. Calls on the Member States, in view of the rising costs of health care, to take reinforced measures - such as the use of new technologies, targeted information campaigns, efficient health service management, expansion of reference centres or cross-border cooperation - aimed at delivering high-quality health care for all now and in future and at the same time securing cost savings in the medium term; and urges the Member States and the Commission to issue guidelines after consulting industry and patient groups to provide equal access for all to medicines and medical products and furthermore to take into consideration that health care costs could be reduced not only by government action, ...[+++] but also by greater solidarity between generations and in families and mutual assistance measures at local level;

EMU and the Stability Pact deprive the Member States of the right to exercise monetary policy, impose budgetary discipline and reduce social expenditure and public-sector investments.