Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-15-Speech-2-018"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20010515.2.2-018"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Ladies and gentlemen, this report by the Committee on Economic and Monetary Affairs will not go down in Parliament’s history for its clarity or significance, both in terms of its form and its content.
Let us quickly look at its form. In Article 5, you mention, and I quote, ‘the political priority to improve the quality and sustainability of public finances’. Would public finances thus be unsustainable, because they are short-lived? In Article 10 of your resolution, you stress, and I quote, ‘the importance…of public investment, which must, however, be targeted and based on strategic objectives,’ – that is true – but ‘which must not drive out private investment, which has priority’. What sort of contradictory statement is this? One that is designed to please everyone and achieve nothing!
As for the report’s content, you demonstrate a commitment to the social market economy, a subject close to the heart of the CDU party. This is not the view France takes. Judging from the relatively poor performance of the German economy over the last 40 years, why should we adopt this approach? Why should France, for example, abandon the industrial policy which has transformed it into the leading European country in its strategic sectors? This has all been achieved without using any monetary tricks, as used by the deutschmark, which was overvalued by 15% when the euro was introduced, or when East Germany was estimated to be worth USD 350 billion, whereas at reunification, it was only worth USD 100 billion at the very most. This has all been achieved without drowning ourselves in everything European, which is what eventually happened to the aerospace company that was taken over by Aérospatiale-Matra – one of the world’s former leading companies in aeronautics and space engineering – despite the fact that Matra is half the size, and these two companies were then both swallowed up by EADS. This is certainly great news for France
which having once had a majority stake, is now a minority partner once again!
Should we thank the frenzied Mr Chirac for this outcome, or Mr Jospin, the pacifist, or Minister Jean-Claude Gayssot, who did at least try to clear up the mess made by the other two? What use, therefore, is this report, which does not criticise any of the euro zone countries directly and which does not even mention the de facto devaluation of the European currency, the collapse of which continues to be a cause for concern?"@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples