Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-19-Speech-3-270"
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"en.20081119.21.3-270"2
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"− The most important question right now is: what are the next steps for the Commission in the coming week to actually deal with the effects on the real economy?
We are going to present a package – which is being worked on at the moment – where we identify the different policy fields where we think we can mitigate the impact on the real economy in the short run, whilst sticking to the existing medium-term reform priorities of the Lisbon Strategy. That will be the framework within which we work. We hope that we can find actions which will help to bolster aggregate demand; on the demand side, we want to reduce inflationary pressures and help the purchasing power of households.
We have to do more on the labour market and, as you say, front-load investments. We hope that this will also help the issues and the actions taken when it comes to the energy and climate change package, because we will need money for investments. We hope that will help to push in this difficult period. On the labour markets, for example, activation policies can be very helpful.
In reply to the last question, I would say that we want Member States to coordinate action. We think the worst thing would be if everybody went in different directions doing whatever they thought was the right thing to do in their respective Member States. We want them rather to discuss, coordinate and cooperate as much as possible, because the effects will be felt on the whole economy in Europe. We prefer actions in a coordinated way.
What about the long lead time or the long time to prepare? You would be surprised. As I said yesterday in the debate on the financial crisis, the Commission, for the first time, has managed within 24 hours to get proposals on the table. We have to respond to this very serious crisis in such a way that we do not take too long to prepare the different proposals.
We have all been instructed or we have all wanted to see in our respective policy areas how we can help, how we can overcome the long period to prepare, how we can do it more quickly, yet do it in a coordinated and respectful way. We are trying to get the proposals on the table as quickly as possible and we are stretching all our possibilities as much as possible. This is the starting point for the Commission at this moment."@en1
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