Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-02-17-Speech-4-023"

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"Mr President as the Romans would say. The important thing is for money to generate more money. This is the only opportunity that we have to see to it that the interests of economists converge with those of people who want to earn money and have their mind set on dollars, like Disney’s Scrooge McDuck, who has dollar signs for eyes, except in this case the symbol is that of the euro. In this we are combining the interests of these citizens with the interests of pensioners who want to live life in tranquillity. For example, my brother-in-law, who lives in Rome, started drawing his pension a year ago and every day since – from seven in the morning when he wakes until midnight – he has checked the TV screen to see how the pensions funds and the securities in which he has invested are performing. Pensioners will, in the future – as is already happening – have enormous sums of money at their disposal. Indeed, whilst the young are penniless, the elderly have accumulated money and, since they are keen to turn it to good advantage, harbour great hopes for this directive. If national governments had in their hearts – as the European Union has in its heart with this directive – the proliferation of money earned during the course of a working life, the pensions time bomb would already have been defused. You too, in your role, Commissioner Bolkestein, have a very great responsibility for the future of the elderly and of pensioners, a future that I hope will improve once we have finalised this directive, by which I mean very soon, as has been proposed by Mrs Villiers and Mrs Kauppi."@en1

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