Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-172-000"
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"en.20111026.16.3-172-000"2
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"Mr President, as well as seeking to remedy its mistakes, Europe must also start investing in its future again. We have set ourselves an ambitious target: 75% employment for the 20-64 age group by 2020. However, just as it is inconceivable that only public expenditure will drive new investment for growth, there will be no new jobs if we do not stimulate private investment in innovative sectors and youth hiring; if more training - better training - is not carried out; if budget, fiscal, pensions and welfare policies are not harmonised across the EU; and if the labour market is not made to be more flexible, making contract negotiations more in tune with and proximate to the needs of businesses, particularly small and medium-sized enterprises, while also respecting fundamental rights.
My vote in favour of the report by Ms Bastos is an act of faith in the EU institutions and in their ability – albeit late in the day – to pull the leading world economy out of the crisis without distorting the European social model. At the same time, however, the institutions must succeed in releasing the hidden energy reserves in Europe’s economy, which are hindered from reaching their potential and contributing to the much-needed growth of the European economy and the resolution of the sovereign debt crisis by bureaucratic inflexibility, the labour market and dumping within Europe."@en1
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