Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-03-Speech-3-066"

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"en.19991103.6.3-066"2
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"Mr President, the declarations on employment from the European Union Summit meetings are continuing at a steady pace. With the same steady pace, however, mass unemployment, underemployment and part-time employment are also continuing to torment the working people of Europe. Mr President, the European Employment Pacts, the Cardiff, Luxembourg and Cologne processes and their combined effects, the macroeconomic dialogues and the technical and political bodies engaged in those dialogues are doing nothing positive to boost employment levels for the working people in Europe. This dramatic worsening of the unemployment situation is due to the initiatives being undertaken and the policy currently being pursued; that is, a policy which not only puts economic factors before social factors and price stability before social security, but also one which declares that the Stability Pact is the supreme law which must be applied at all times. This is not a policy for the working people, rather a policy for capital gains. When the European Central Bank considers a growth rate of over 2.5% dangerous, whilst the Commission is calling for a growth rate of over 3% in order to reduce unemployment to 7% within 6-7 years, then this can only lead to greater pressure on the labour market which in turn will upset working relations. It will also lead to part-time employment, fewer jobs and reduced salaries, and it will cripple the social security system. From this viewpoint, the only success that can come of macroeconomic dialogue with the participation of employer and employee representatives is to enforce collective bargaining and readjust salaries to suit the demands of credit capital, the euro and the ruling economic policy which is guided by EMU and the Stability Pact. The transparency which goes hand in hand with the procedures for macroeconomic dialogue and the continued absence of the European Parliament from this dialogue are giving rise to concerns that we are once again faced with attempts to overturn fundamental rights of workers and to undermine any social model still in existence in Europe."@en1

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