Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-437-000"

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"Mr President, the establishment of the European Semester two years ago was based on the assumption that the Commission initially and, in the end, the Heads of State or Government and the European Council, know what is best for each individual Member State better than the government of that Member State does. The assumption is self-evidently false. Furthermore, the government of each Member State is elected directly or indirectly and responsible to the electorate, whereas the Commission has no responsibility to any electorate and the European Council as a whole has no responsibility to the electorate of any particular state. Coming to the substantive content of the guidelines, the Economic and Financial Affairs Council meeting on 21 February said in paragraph 20, and I quote, ‘to promote competitiveness, reforms need to focus on labour markets, in particular, wage setting mechanisms to ensure efficient adjustment of labour costs’. This means that in the globalist economy facilitated by the EU, the wage rates of European workers must fall to the levels of those in the emergent economies."@en1
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