Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-23-Speech-2-279"

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"Mr President, I would like to start by thanking the rapporteur, Mr Andersson, for his endeavours and his achievement in putting together a report which received almost unanimous support in the vote in committee. I hope that the same thing will happen in tomorrow’s vote. I am equally pleased to pay tribute to Commissioner Diamantopoulou for having endeavoured thus far and for continuing to make every effort to ensure that the reforms which the 15 Member States are attempting to carry out do not bring extreme poverty for the elderly, who are already too poor and, in many of these States, whose only source of income is their pension. That said, I would like to advocate a different course of action to fulfil the commendable desire to provide secure, funded pensions in the future. It is absolutely vital that we stop the wastage taking place in the different pension systems of the States of Europe. It is absolutely vital that we reduce the cost of labour, which is so great in many of our States as to make it difficult for European States to compete on the world market economy. In Italy, for example, each worker carries pension costs of 34%, in Switzerland, contributions of just 10% lead to pensions which are just as respectable as Italian pensions, and, in Portugal, for example, the figure is 7.6%. This means that we must investigate where it is that the money is being wasted, where the inefficiency lies and where changes need to be made. Moreover, I would like to say that there are two ways of paying debts: there are debtors who, when they have to pay the debt which has fallen due, do not show up and run away; then there are others who do without a summer holiday and give up their car in order to pay their debts. The debtors are our 15 States and the creditors are people – pensioners and elderly people – who live off their pensions. We must not bury our heads in the sand but endeavour to pay off the debts we have incurred with the elderly people of today."@en1

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