Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-11-14-Speech-2-180"

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"en.20061114.33.2-180"2
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". As we know, the creation of the euro was a political decision that took no account of the specific needs of the members of the euro zone. This view is borne out by the differences, in relation to 2005, among those Members as regards economic growth, unemployment rates and inflation. We have always stated that, with a single monetary policy, given the budgetary restrictions arising from the Stability and Growth Pact, the workers would have to carry the can for the problems associated with adopting the euro, in order to serve the interests of economic and financial groups. The report before us makes this very clear: ‘Labour markets should be made more flexible and those aspects of the legislation on permanent employment that may act as a barrier to labour market adjustment should be removed.’ In other words, it is promoting the liberalisation of redundancies and fixed-term contracts. It also calls for ‘wages to respond more rapidly to changing economic circumstances’, or in other words for wages to be reduced depending on the cycle. These intentions could not be clearer. Not satisfied with this, the rapporteur also promotes the liberalisation of services and energy, the strict application of the Stability and Growth Pact and compliance with the Lisbon agenda: the very blueprint for the European neoliberal consensus. Hence our vote against the report."@en1

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