Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-16-Speech-2-385"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2006-05-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Public finances in the EMU (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20060516.41.2-385"2
lpv:hasSubsequent	lp_eu:2006-05-16-Speech-2-3862
lpv:speaker	lp:Othmar Karas2
lpv:spokenAs	substitute; Committee of Inquiry into the crisis of the Equitable Life Assurance Society (2006-01-19--2007-06-19)3 member; Delegation for relations with Japan (2004-09-15--2007-03-13)3 substitute; Delegation for relations with the People's Republic of China (2004-09-16--2007-03-13)3 substitute; JURI (2005-04-25--2007-01-14)3 unknown; Österreichische Volkspartei - Liste Ursula Stenzel (2004-07-20--2009-07-13)3 substitute; IMCO (2004-07-22--2007-01-14)3 vice-chair; EPP-ED (2004-11-14--2007-02-14)3 member; ECON (2004-07-21--2007-01-14)3
lpv:translated text	"Madam President, Commissioner, paragraph 11 of the report states the following: ‘Stresses that in the context of an EU with low consumer and investor confidence, it is vital to correct public deficits’. I would underline this statement, especially as the Lisbon Strategy is calling for more money and greater investment, including from public finances – I need only mention education and research. We have committed ourselves to increasing our Official Development Assistance to a minimum of 0.7% at long last, we face the challenge of globalisation, and we find ourselves in a situation in which demographic developments represent one of the nails in the coffin of the European continent. If we do not put our social security and pension systems in order, we shall be the losers of globalisation at all events. I am pleased that there has been a trend reversal in the public consciousness with regard to public deficits in recent years. Prior to the introduction of the euro, public budgets tended to be the preserve of experts. Since the introduction of the euro, of the Maastricht criteria, of the Stability and Growth Pact, there is a public interest in a discussion on the structure of public finances, on the causes of the annual deficits, on the impact of public debt. We have achieved a reduction in public deficits, and we must continue on this path, as we need to increase our scope for the future. For that reason, I also congratulate the Commission on the decision it took today, as it makes it clear that we take our rules seriously. This decision is not aimed at anyone in particular, but rather at ensuring that we take the Maastricht criteria and the Stability and Growth Pact seriously. That is why I am pleased that the public debate has intensified and that we have thus contributed to making the structure of our budgets more future oriented."@en1

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