Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-02-19-Speech-2-251"
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"en.20080219.30.2-251"2
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"Mr President, Commissioner, ladies and gentlemen, I should like to highlight some key points of the position of the European Parliament, and in particular of the Socialist Group, as regards the broad guidelines for the completion of the Lisbon cycle for growth and employment.
One of these is the need to connect the process of budget consolidation, characteristic of the convergence programmes within the Stability Pact, with the quality of public spending. Member States’ public spending needs to be re-oriented and coordinated towards the priorities of the strategy in order to guarantee macroeconomic stability, sustainable growth and the achievement of full employment.
Any re-orientation of public spending, targeted in a coordinated way among the Member States on common investment objectives, through public-private partnership initiatives as well, has to be linked to research and development, education and training, infrastructure, transport and energy, and it is that which can be the prime mover of a strategy of growth and competitiveness which makes the European economy strong and able to withstand financial turbulence and the fallout from the financialisation of the economy.
Public spending geared towards these priorities makes it possible to step up competitiveness and productivity. Particular attention needs to be paid to the link between budget policies and productivity growth and wage policy. Here, the Socialist Group is of the view that a strong link needs to be forged between productivity growth and a fair redistribution of the profits to which it leads, with a view to ensuring social cohesion.
A key point for social cohesion is the introduction of a national minimum wage. In this sense, I am convinced that the European Parliament, in tomorrow’s vote, will give a strong and decisive signal by calling on Member States to commit themselves to concrete and timely implementation."@en1
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