Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-29-Speech-4-557-000"

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"en.20151029.37.4-557-000"2
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"I supported this report because many Member States, in particular in the euro area, are faced with similar macroeconomic challenges including, most importantly, high debt ratios (both public and private), lack of competitiveness and excessively low investment. Unsustainable levels of debt have a discouraging effect on investment and so a coordinated approach is therefore required in tackling these issues. The four main priorities for economic growth are: boosting investment, implementation of structural reforms in product, service and labour markets, fiscal responsibility and improving employment policy. The report stresses the importance of these growth drivers. In the context of achieving the goals set out in the Europe 2020 Strategy and the overall objective of making the EU globally more competitive, this should be done without weakening workers’ protection or undermining the European social model."@en1
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