Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-03-Speech-4-120"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-05-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20010503.5.4-120"2
lpv:hasSubsequent	lp_eu:2001-05-03-Speech-4-1212
lpv:speaker	lp:Ilda Figueiredo2
lpv:spokenAs	substitute; Committee on Women's Rights and Equal Opportunities (1999-07-21--2002-01-14)3 member; EMPL (1999-07-21--2002-01-14)3 unknown; Partido Comunista Português (1999-07-20--2004-07-19)3 member; Delegation for relations with the Mashreq countries and the Gulf (1999-09-29--2002-01-14)3 substitute; AGRI (1999-07-21--2002-01-14)3 member; EUL/NGL (1999-07-20--2002-03-05)3
lpv:translated text	". Through this report, the European Parliament is delivering its assessment of the second updates of the original stability and convergence programmes established by the Member States in 1999. Instead of encouraging a change of direction in the economic guidelines we follow, however, the downward revision of the economic growth rate and the slowdown of the world economy are calling for more of the same: to pursue and step up fiscal prudence, especially the reduction of public expenditure and wage moderation as a means of guaranteeing the objective of price stability, to which the European Union is, unacceptably, continuing to subordinate all its economic guidelines and social policies. The rapporteur adheres closely to this philosophy, following the Lisbon strategy, in particular the objective of creating, within a decade, the world’s most dynamic and competitive economy. It is, therefore, not surprising that he calls for wage moderation and links the establishment of "suitable wage policies" to tax reductions, which is in line “with the structural changes intended to increase flexibility and competitiveness in all factor, product and labour markets” and that he considers that “structural reforms and liberalisation” can make a “decisive contribution” to the objective outlined in Lisbon. I have therefore voted against this report. It is nevertheless worth pointing out something positive, which is the rapporteur’s approach to investment, particularly the importance of public investment, which was completely ignored by the Commission, with regard to a variable that is crucial for the sustainability of economic growth and for creating employment."@en1

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