Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-03-13-Speech-1-040"
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"en.20000313.2.1-040"2
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"Mr President, a well-functioning labour market which strikes a sustainable balance between supply and demand is a widely cherished desire. It is therefore understandable that long-term, high unemployment within the European Union is high on the agenda of the European Summit in Lisbon. But it is questionable whether it is justified to elevate employment policy to European policy in this way. Despite satisfactory economic growth, the drop in unemployment is stagnating. A number of Member States with high economic growth are facing an overstrained labour market and rising inflation. Other Member States are experiencing limited growth, widespread unemployment and fixed prices. Specific instruments, such as interest rates and the exchange rate, are no longer at our disposal. The fact that Member States are at different stages within the economic cycle nonetheless requires measures specific to each Member State. Is the Council acting upon this? And if so, what measures does the Council Presidency have in mind? No one is expecting labour-intensive industries to flourish within an overstrained labour market. But is this reflected in the policy? Has a decision been made in favour of selective growth in such policy? And are people prepared to allow the areas suffering high unemployment to benefit from this growth in labour-intensive industries? If the Lisbon Summit is serious about fighting unemployment, then we will need more than generic measures. It is important to take the work where unemployment is at its highest. It is a gamble to expect that the unemployed will go where the work is, especially in the case of cross-border labour migration. This may result in the further depopulation of certain disadvantaged areas.
Mr President, with the launch of the common currency, we have not made life any easier for ourselves by abandoning monetary, economic instruments specific to Member States in order to control the economic cycle. I can imagine that Great Britain, Sweden and Denmark will think twice before embarking on the euro adventure. It is therefore essential to reach sound, sustainable agreements at the employment summit in order to stamp out the evil of unemployment, obviously taking into account the principle of subsidiarity, because at the end of the day, it is in the individual Member States that the problems need to be tackled."@en1
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