Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-074-000"

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"Madam President, whenever I hear the word ‘eurobonds’, I always feel a little bit sick, even though it is a word which is frequently bandied about here. Most jobs come from economic growth and a healthy private sector. There is no alternative to that. Governments do not create jobs and are not job creators. The major problem in Europe is the lack of competitiveness. The difference between Germany and southern Europe is almost 35%. That gap is very large, which is why Mrs Merkel has spoken of a competitiveness pact. I agree with that, in itself. Actually, the Lisbon Process was supposed to be an idea along those lines, but little has come of that. However, there is thing I would like to warn you about, and that is the harmonisation of corporation tax. That is a very bad idea. It is also a very French idea, and we must dismiss it, just as we must dismiss the idea of an economic government. It will be a job killer. Last week, a study conducted by the OECD in 21 countries showed, once again, that if we want greater employment in Europe, we need to lower corporation tax. That is the sort of thing we need to be looking into, because this Parliament does not create any jobs."@en1
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