Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-01-14-Speech-3-026"

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"en.20040114.1.3-026"2
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"Mr President, ladies and gentlemen, the Irish Presidency faces a number of challenges. I shall highlight three, beginning with the negotiations of the financial perspective for the post-2006 period and proposals for the future of cohesion policy. The context in which these are to be tabled does not bode well for much-needed economic and social cohesion in the EU. Straightaway, we find ourselves, unacceptably, blackmailed by the so-called ‘Gang of Six’, which aims to limit the Community budget to 1% of the Community’s gross national product, following the lack of agreement at the Brussels Summit on the new Draft Constitutional Treaty. Given that the debate within the Commission currently fluctuates between maintaining the current limit of the financial perspective, 1.24% of Gross National Product, and reducing it to 1.15% – despite the accession of countries with revenues of less than 50% of the Community average, and despite the increase in social inequality and of national and regional disparities in the EU. There is a danger that the new financial perspective will undermine what ought to be urgent priorities, such as jobs with rights, the fight against poverty and social exclusion, and cooperation and development with developing countries. The fundamental issue is, therefore, to increase the financial perspective. The second challenge I wish to highlight is the much-needed review of the Stability Pact, which has been shown to be out of step with economic and social reality. We all know that it is an instrument for which the criteria are stupid, which penalises economic growth, jobs and public investment, and which ought to be scrapped. Simply making it flexible will not solve the problem. Debate is ongoing regarding the evaluation of current economic and monetary policies, especially the introduction of the single currency and the over-valuation of the euro, while the current economic climate amply illustrates the structural shortcomings of the policy that has been pursued and the need for a root and branch review. It is also essential that we amend what is known as the Lisbon Strategy, in order to achieve high-quality public services and to foster effective social inclusion. Finally, with regard to the Intergovernmental Conference for revising the Treaties, my suggestion is that you ignore the current draft."@en1

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