Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-05-14-Speech-2-068"
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"en.20020514.7.2-068"2
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"Mr President, Commissioner, ladies and gentlemen, I would firstly like to express the support of the Group of the Europe Liberal, Democrat and Reform Party for the two reports by Mr Trentin and Mr Marinos, which deal with two key issues within the excessively complicated EU economic and monetary policy mechanism, of which the stability pacts and the broad economic policy guidelines are key components.
I would like to highlight the following points: firstly, that we fully support the policy of budgetary rigour and the fulfilment of commitments established in the stability pacts. Therefore, we regret very much that the Member States, in the Ecofin Council in February, if my memory serves me correctly, did not support the Commission proposal with regard to the concern for the development of the Portuguese and German economies and the administration of their respective budgets. I would also add our concern at the French Government’s recent announcement. Therefore, I support the policy of budgetary rigour that will hopefully give confidence and strength to the European economy and its single currency, the euro.
Lastly, I would like to point out that with regard to the broad economic policy guidelines, we agree with the Trentin report’s proposals, particularly where they aim to implement the Lisbon commitments after revision in the Barcelona Council. We particularly agree with the difficult compromise between achieving greater competitiveness whilst not abandoning the policy of economic and social cohesion. Clearly, this can only be achieved by putting an emphasis – as the Trentin report does, and as proposed by the Committee on Employment and Social Affairs – on the information society and the expansion of technological research and development activities. This will clearly give rise to the information- and knowledge-based society that will allow us to improve quality and be more competitive, which we hope for at the end of this decade."@en1
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