Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-15-Speech-4-142"
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"en.20070215.20.4-142"2
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".
The purpose of the report before us is to square the circle – to tackle the economic and social problems faced by the Union whilst developing the existing economic policies and instruments that lie at the root of those problems.
The report does acknowledge that over the past six years, since the introduction of the euro and the Lisbon Strategy, there has been weak economic growth, stagnation and even recession in some Member States, including Portugal. It recognises that economic recovery cannot be taken for granted, that unemployment remains high (17 million in the EU) and that poverty has gone up 2 percentage points. It also considers it unacceptable that there are almost 80 million poor people in the EU. Moreover, it acknowledges weak internal demand and the need for greater investment.
It contradicts itself, however, when it says that the euro and the internal market have been crucial victories for European progress, and promotes monetary policy (wage moderation), the deregulation of the labour market (flexicurity) and the Stability and Growth Pact. Reading between the lines, we can see its true purpose – to create a climate that is most favourable to entrepreneurial activity. The current economic and social policy guidelines pursued by the EU have been championed again and the contradictions of the social democrats and their role in liberal capitalism have been laid bare."@en1
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