Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-17-Speech-3-048"
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"en.20000517.3.3-048"2
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"Mr President, we support the main objective of the motion for a resolution under debate, that is, the need for consistently transparent budget regulation on the part of the individual Member States in line with the objectives of the Stability Pact. However, we feel that, precisely in consideration of these undertakings and in the light of the current situation, the precise nature of any interventions cannot be identified in advance just for the sake of efficient budget control.
In fact, in a context where there are varying degrees of interdependence between States, there are too many variables at work to be combined to produce more general indicators. I refer to the constant pressure with regard to restricting welfare expenditure, structural reform of the labour market and privatisation of the telecommunications and energy sectors. On the other hand, we are aware of the need for a more effective convergence process, for economic cohesion and, therefore, also for the approximation of the single currency, whose oscillation is no longer virtual but is in line with prices and taxes; the need, of course, for more harmonious tax and fiscal policies, but also pricing policies; for more harmonious investment policies as regards both research and the closing of infrastructure gaps, including within the individual States, but also for greater homogeneity in the action of public administrations. The most representative variable is certainly the time frames and contents of the Treaty reforms and the process of constitutionalisation of the Union, i.e. of a greater or lesser European political presence."@en1
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