Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-640"
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"en.20100210.33.3-640"2
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"Madam President, the great investor, Warren Buffet, once said ‘when the tide goes down, you kind of get to see who is not wearing a bathing costume’. Last year, the UK economy contracted 4.8%. So did Italy’s. The German economy contracted 5% and EU trade much more so.
I am going to focus on the third question, which is: what strategy does the Commission intend to pursue to enable EU industry to become more competitive?
Well, before there was the Lisbon Treaty, there was the Lisbon Strategy, and in the Lisbon Strategy, the EU intended, and I quote, ‘to become the most competitive and dynamic knowledge-based economy in the world’. Now, one prerequisite for a competitive and dynamic knowledge-based economy is to have a flexible work force. So what has the EU done to bring this about?
Well they have brought in the Agency Workers’ Directive in 2008 and this has been like pouring glue into the most flexible part of the labour market. The Agency Workers’ Directive is yet another ill-thought-out and inappropriate EU directive which has yet again disproportionately and adversely affected the UK, which has a third of all EU agency workers. And, incidentally, it is by having a flexible workforce that you raise people out of poverty.
The EU’s series of ill-considered directives stand in the way of a competitive and dynamic knowledge-based economy emerging in the Member States.
The EU economic crisis reveals that the EU has, as it were, no bathing costume."@en1
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