Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-246-000"

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"Mr Schulz, only today, the Commission adopted country-specific recommendations for each of the 27 countries, and there is also an introductory note in which we express in very clear terms this concern that you have just mentioned, which is very important for us. We are well aware that austerity, which is necessary at present because of the need to reduce deficits and debt, is truly very difficult. At the same time, we believe that each euro being spent now on debt interest means one euro less for the hospitals, public health services, public education and social security. This is, therefore, real austerity. This is why we must engage in serious budget consultation in order to restore confidence and, at the same time, implement the structural reforms needed to guarantee competitiveness, whilst still protecting the most vulnerable. I think you will like the document we adopted today. It looks at all the issues affecting the labour market: how do we attract more people into the labour market, how do we incorporate this social dimension into all our policies? We now need to see how much room for manoeuvre each country has for guaranteeing these goals. However, I think we are agreed on the goals."@en1
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