Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-18-Speech-4-127"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20000518.4.4-127"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr Katiforis’s explanatory statement is clearly better than the main body of his report which contains no hint of the criticisms that were set out on the Commission’s recommendation.
I and the National Front Members have voted against this report as we feel that it recommends the same old ineffectual and even harmful recipes. There is still too much emphasis on the markets, which regulate nothing, on ultraliberalism, particularly in the public services which the Commission would like to see dismantled, on sacrificing social protection for public investment to ensure budgetary stability, and on price stability, whereas inflation was curbed ages ago. For workers there is wage moderation, a reduction in unemployment benefits and a relaxation of employment protection legislation.
Two points have particularly shaken us. The first is that the Commission recommends that my country, France, which is struggling under the weight of tax and social security contributions, should not take advantage of this growth to reduce taxes. The reason given for this is to avoid stimulating with the budget a level of economic activity which is already vigorous. Can you believe it? Since when has growth been rejected in the name of outdated economic dogmas?
The second point is the almost total absence of any reference to the euro. This famous single currency which, it was said, would bring us a prosperous future and be snapped up by the whole world eager for competition with the US dollar, has been cold-shouldered, not only by investors who are investing in dollars in the USA, but also by the central banks. No one has any confidence in the euro, which is no longer a floating currency. Rather, it is a sinking currency, and nor do they have confidence in the European monetary authorities. Wim Duisenberg is not Allan Greenspan, the ECB is not the Federal Reserve and the euro is not the dollar. Europe has neither the employment rate nor the growth rate of the USA and it will take more than futile gestures to change this reality."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples