Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-09-Speech-3-131"

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"Madam President, ladies and gentlemen, the European Finance Ministers have decided not to agree on a Europe-wide increase in wages to counter the rising cost of living. We all know of the demonstrations that took place in Ljubljana. My fellow Member who spoke just now has already referred to them. We all know too about the increase in the cost of living that has ruined middle- and low-income groups. What has the EU done about this? Nothing whatsoever! Instead, the wages of large company executives continue to go up, while ordinary workers find surviving until the end of the month increasingly difficult. Let me point out in conclusion that Mr Almunia indicated the impact of a possible increase in wages on productivity. Such statements are a slap in the face for the hundreds of thousands of workers in financial difficulty. The huge profits of multinationals are, of course, no secret."@en1

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