Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-12-18-Speech-3-071"

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"en.20021218.4.3-071"2
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". The Commission considers a labour cost index to be of utmost importance for the European Central Bank, to monitor inflation in the EMU, and for social partners to use in negotiating wage agreements. The current proposal seeks to remedy that by establishing a common framework for the production, transmission and evaluation of comparable labour cost indices. In short, it is being proposed that, in order to calculate labour costs, the total quarterly costs incurred by the employer in the employment of labour must be taken into account. In implementing the regulation, the Commission shall be assisted by the Statistical Programme Committee. The Commission will submit a report to Parliament and the Council every two years on the regulation’s implementation, including an assessment of the quality of the data supplied. In its Common Position, the Council has made a number of adjustments to the original Commission proposal. The rapporteur considers that these changes are in line with the spirit of the original proposal and I therefore wish to use this explanation of vote to express my favourable position."@en1

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