Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-17-Speech-3-014"

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"Mr President, when drawing up this draft opinion for the Committee on Economic and Monetary Affairs, the Committee on Social Affairs fully appreciated the importance of this resolution, Parliament’s first resolution on economic policy guidelines since the Lisbon Summit. In particular, it stressed the importance of the connection between these two priorities and considered that the common elements of the broad guidelines of economic policy should be fully exploited and the various implementing processes adopted by the Councils over the years coordinated, and by this I am referring to the objectives of the Luxembourg, Cardiff and Cologne processes. In our opinion, the open method of coordination, which was introduced on an experimental basis in Lisbon, should allow for the full exploitation of the connection between growth and employment, which, we feel, cannot be ignored. The subsidiarity principle needs to be steered in this direction with regard to the role both of the governments and of the decentralised institutions, without diminishing the decisive part played by greater synergy, greater coordination between the broad guidelines, and by placing greater focus on the European Community dimension with a view to developing an economic policy which can enhance the potential for development in Europe and allow us to effectively achieve the goals which we set ourselves with regard to full employment. We have taken the chapters of the broad guidelines into account, in particular the aspects related to the introduction of flexibility and efficiency elements in the products market, the financial services market and the labour market, but we have also acknowledged the importance of the negotiations of the Social Partners and of social objectives. A further consideration: we consider – and for the remainder we refer you to the text of the opinion – that Parliament’s role in this matter must be consolidated by formal institution of the procedure laying down a specific interinstitutional agreement on the participation of Parliament in formal consultations on the economic policy guidelines and on the monitoring of their effects."@en1

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