Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-02-22-Speech-2-035"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2005-02-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Economy/Public finances2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20050222.4.2-035"2
lpv:hasSubsequent	lp_eu:2005-02-22-Speech-2-0362
lpv:speaker	lp:José Manuel García-margallo Y Marfil2
lpv:spokenAs	substitute; Delegation for relations with the countries of the Andean Community (2004-09-16--2007-03-13)3 substitute; INTA (2004-07-22--2007-01-14)3 substitute; Temporary committee on policy challenges and budgetary means of the enlarged Union 2007-2013 (2004-10-14--2005-06-08)3 vice-chair; Delegation for relations with the countries of Central America (2004-09-21--2007-03-13)3 vice-chair; ECON (2004-09-01--2007-01-14)3 member; EPP-ED (2004-07-20--2009-07-13)3 unknown; Partido Popular (2004-07-20--2009-07-13)3
lpv:translated text	"Mr President, the rapporteur, Mr Goebbels, laments the lack of coordination of economic policies. I agree with that, but I reach a different conclusion. Without those coordination rules, making the Stability Pact more flexible would be equivalent to breaking it and breaking the Stability Pact would mean neutralising the Central Bank’s efforts to maintain prices, it would mean rises in interest rates, it would mean a delay in growth, which is what we all want, a delay in the implementation of the structural reforms and, more dangerously, a serious threat to the welfare state. The resources we spend on paying interests and paying off public debt will mean less resources for guaranteeing finances. What we need at the moment is more employment and more productivity. More employment, above all, means paying attention to those sectors of the population with most difficulties and we know that they are women, young people between 15 and 25 years old and people over 55. And more productivity means more investment, more effort in investment and development and more effort in education and professional training with a view to increasing the productivity of work. The Commissioner’ speech also reminds me – to quote Mr Goebbels once again – of those speeches of the defunct Soviet Union that said that the transition to socialism would inevitably end the following year. When they became aware that that transition was possible, they concluded that the transition was complete and that they had already arrived at communism. A few years later the Iron Curtain fell. There is no need to weaken macroeconomic stability, but it is essential that we continue to insist more strongly, more vigorously, on structural reforms as the only guarantee, the only serious formula, for achieving growth."@en1

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