Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-351"

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"Mr President, I would just like to say that the debate this afternoon reflects Parliament’s willingness, indeed insistence, on being fully engaged in this process. Given my limited time, I would just like to make three brief points. I support Commissioner Rehn’s statement – and indeed Commissioner Andor’s statement today – in regard to the scrutiny of Member State’s budgets. At one point, it looked like the eurozone and the EU might not make it to 2020 as an entity. So to ensure that not only do we survive but thrive, it is crucial that Member States deliver on commitments and promises already made. Closing the stable door after the horse has bolted has always been a useless exercise. Secondly, for the past 18 months, Member States and the EU have focused almost exclusively on the stabilisation of financial institutions. In fact, we have been consumed by it. While this is important, very many citizens have lost trust and are now feeling abandoned. They are looking for support from Member States and they are looking to the EU to put in place a framework that is conducive to job creation, to entrepreneurship and to the support of SMEs, but crucially, that framework must link growth in the economy with the creation of decent jobs and an improvement in the well-being of all citizens, especially those below the poverty line. Finally, there is a major crisis in youth unemployment. A Commission document issued yesterday confirmed that youth unemployment in the EU stands at 20%, which is twice that forecast for overall unemployment. This crisis is every bit as real and as immediate as the economic crisis and, while I heard the Commissioner’s comments on youth initiatives and I welcome them, there must be real coordination between, and strong influence on, Member States to translate those initiatives into concrete jobs."@en1
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