Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-10-26-Speech-2-045"

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"Mr President, first of all, I would like to thank Mr Bourlanges for his competence and the great balance he has shown in preparing this budget. However, I must emphasise the fact that this year’s budget cannot fulfil the objectives set at the beginning, that is, a revival of the Union’s economy and, above all, growth in employment. Indeed, if we start by cutting back the budgets by 10% and we hit sectors like industry, trade, transport and in some cases, even agriculture, we will not be able to revive our economy and become more competitive with regard to competitors such as the United States and NAFTA. We must not forget that these are our real competitors and that therefore, only budgetary policies aimed at protecting investments and economic growth will allow us to lay the foundations for a Union which will certainly be stronger from a structural and economic point of view. In view of this, I therefore propose that during the next period, we no longer analyse the programmes and their related credit lines for periods of four, five or six years but for shorter periods – one or two years at most – as the rationales of the market and investment in a now global economy no longer correspond to the criterion which the budget itself was built on. In fact, everything is moving much more quickly and much more competitively on the market. This will allow us to intervene immediately in specific sectors and, at the same time, to verify whether our budgetary policy is on course, moving in the direction we set out. In short, this is a budget which must be revised by including new credit lines with regard to international interventions. I therefore agree with the line set out in Mr Bourlanges’ report, although nothing must be taken away from the other credit lines that have already been allocated. At the same time, however, we must endeavour to alter the content and rationale of the budget to take into account the challenges that the Union will have to face over the coming years, in particular the fact that the real enemy to be overcome within the individual States is unemployment."@en1

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