Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-04-04-Speech-2-055"
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"en.20060404.6.2-055"2
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"Mr President, Commissioners, ladies and gentlemen, the recommendations drawn up by Mr Garcia-Margallo, whom I wish to congratulate, have come at the right moment to turn around the EU’s economic situation. All that remains is for those recommendations to be heeded.
As things stand, we should be speaking of deepening, rather than reviewing, the Lisbon Strategy, given that what we are now seeing – and have been since the outset – is increased economic growth and more jobs, both of which help to sustain the social models in the long term, and foster adequate social cohesion in the short term.
In spite of recent progress, the key issues remain untouched. Unemployment is at an intolerable level and overall economic growth is insufficient to reverse this trend. Consequently, greater integration and better coordination of economic policies is required, and the work of the institutions forming the emerging economic government of the Union must be developed.
The Council decided to support the Commission in drawing up a common European energy policy. Although this was an interesting decision, it still falls short of what is required. The Union’s energy dependency is unsustainable. Oil imports currently account for 2.3% of Union GDP, which is two and a half times the budget earmarked for all European policies. By 2030, that dependency may prove overwhelming, especially in the oil sector (94% of foreign dependency). The simple agreements between Member States promoted by the Council are therefore inadequate.
Increased competition is a necessary prerequisite to the creation of a common energy policy. A common regulation will, above all, require huge investment if existing networks are to be improved and if genuine progress is to be made once again in the area of alternative energy and energy saving. All of this is vital to increasing competitiveness and sustainable development."@en1
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