Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-435"
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"en.20100615.27.2-435"2
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"Mr President, we know that the escalation of the economic and social situation is a matter of concern for many of the EU Member States. Economic growth remains very weak and is insufficient to reduce unemployment and create the jobs that the EU needs.
On the other hand, the measures that are being taken, especially austerity policies in the name of compliance with the Stability Pact and its criteria, not only run counter to the need for job creation and economic growth, but they are also exacerbating inequality and poverty. Thus, in the European Year for Combating Poverty itself, we see a situation where exclusion, poverty and unemployment are on the increase.
So I wonder, Mr President, do you not think that there is a pressing need to give priority in these macro-economic policies to social sustainability, rather than continuing to insist on financial sustainability, which undermines social sustainability itself? Do you not think that it is time to revisit the Stability and Growth Pact and its irrational criteria, and to give priority to employment and the fight for social inclusion?"@en1
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