Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-03-Speech-3-321"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20011003.9.3-321"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, at the outset I would like to congratulate both rapporteurs on the presentation of their reports.
In recent months the global economic climate has been the cause of some concern. We in Europe are certainly not immune to economic downturns in the United States. The tragic events that took place in New York, Washington and Pennsylvania on 11 September have undoubtedly further shaken economic confidence. In Ireland, as in all Member States, we remain committed to maintaining current budgetary levels. The reaffirmation of this commitment at Liège will allow the EU to better address cyclical fluctuations.
I welcome also the statement by the Commissioner that governments will be able to use automatic stabilisers in the context of a slow-down in growth. Indeed, in Ireland, we continue to run a budget surplus which affords us some room for manoeuvre. The Irish stability programme is central to the budgetary process in Ireland. It is discussed in Daíl Éireann and is a key component of our annual budget. The primary objective of the Irish budget and stability programme is the continuation of sustainable economic growth, supported by moderate inflation and competitive wage developments, reflecting our national agreement with the social partners known as the Programme for Prosperity and Fairness.
As the House knows, the Ecofin Council this year, on a proposal from Commissioner Solbes, issued a recommendation to Ireland stating that she did not comply with last year's EU broad economic guidelines on fiscal policy. The Irish government contends that its budgetary policy seeks to achieve economic stability by securing the continuation of social partnership and also by taking action to reduce price inflation, including indirect tax reductions. We must look to the future. Our immediate concern is the successful launch of the euro on 1 January. But the single currency is not an end in itself. It is conceived to facilitate a true single market for goods and services.
The grand project requires a high level of cooperation and coordination. National governments must retain the prerogative to formulate a budget which best addresses the particular and specific economic situation of their country at that time."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples