Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-03-Speech-4-024"
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"en.20010503.2.4-024"2
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"Mr President, Mr Schmidt is absolutely right. I do indeed intend to point out that now that the economic climate is changing – for undoubtedly the American trends will also have an impact in Europe – then naturally a corresponding change in economic policy is required.
I thus agree with the many speakers, headed by the rapporteur Mr Katiforis, who have shed light on the need for public investment in education, research, environmental improvements and the like. It seems as if, as Mr Herzog also pointed out, there is a dogmatic opposition to such change. Despite the fact that the economic reality is changing, policy has to remain fixed.
In this situation, it is important for individual countries to be able to act more freely, and here I understand Olle Schmidt’s concerns. I am in fact very glad that my own Member State, Sweden, has not signed up to EMU and thus has a freedom to act which means that the country can conduct a more realistic economic policy with regard to the changes in economic trends."@en1
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