Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-15-Speech-2-015"

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"Mr President, ladies and gentlemen, Commissioner, as Mr von Wogau has pointed out in the presentation of his report – which has my Group’s full support – we are at an historic moment, with the culmination of the process of introducing the euro so close, but we are also, as has been said, at a delicate moment for the European economy. The forecasts, which were rosier some months ago, have had to be revised downwards. There is enormous resistance to setting the inflation rate at the target of 2% and there is clear concern about the current economic situation. This obviously leads to the question of what is the correct way to try to overcome this situation and ensure solid and sustained growth. In this respect, Mr von Wogau’s report contains many elements which should be taken into account, but I would like to highlight some of them which we have already stressed. There are some which we have in fact mentioned in various debates. The first is the need for Member States to remain rigorous and resolute with regard to the commitments established in the respective stability programmes: we are worried that there may be flexibility – in the field of deficit and public debt – with regard to those issues intended to ensure that objectives are achieved and complied with. We would also like to mention the need for better and greater coordination of economic policies – you know that we are not satisfied with the current level of coordination, and this Parliament has stressed this on many occasions – and we would like to stress the issue of structural reforms and the need for flexibility in certain markets which affect the productive structure of the European Union, such as the labour market, and, obviously, the process of liberalisation in certain sectors also considered to be key sectors."@en1

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