Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-094"

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"en.20100519.3.3-094"2
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"Mr President, when outlining the Europe 2020 strategy, the Commission certainly managed to express many of the things we would wish for, yet they seem to have forgotten the present reality. Several Member States, including Estonia, have made large cutbacks in the interests of balancing the national budget. While fulfilling the Maastricht criteria for the euro area, Estonia has been able to stabilise its own budget. At the same time, the consequences of the irresponsible budgetary policy which has operated hitherto in several Member States will obviously remain to haunt the European Union for some years to come. Taking into account the current complicated economic situation, it remains unclear how the Commission’s strategy and the large projects incorporated in it intend to deal with this. We could learn from our mistakes so that, unlike with the failed Lisbon Strategy, we would have a clear understanding of how we will achieve the objectives set, what kinds of financial resources we will be able to use, and whether our resources will enable us to achieve any of the objectives. We do not need grand words at the European Union level; every Member State, too, must strive to balance its budget and achieve economic growth. While noting the structural changes taking place in the world economy, mainly the tightening of competition, and also the demographic changes in Europe, we must, instead of lofty but empty-worded ideas, focus on radically reforming the entire economic and social system of the European Union. There is no other way to escape today from a welfare society which, although still comfortable, is quickly becoming uncompetitive and is therefore deteriorating. We necessarily face some unpopular decisions, but by making these decisions today, we will adapt much more quickly to the new reality."@en1

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