Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-03-Speech-4-015"

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"en.20010503.2.4-015"2
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"Mr President, as Mr Katiforis said introducing his admirable report, the facts before us reveal a state of affairs which nobody would have predicted a decade or so ago. It is a matter of great satisfaction to everybody in Europe and in this House that this should be the caseso, although I dare say it is wise to be, as both he and Mr von Wogau are, only cautiously optimistic. Pride often comes before a fall and we had better not be too proud too soon. I agree very much with what Mr Katiforis said about the question of public investment. The United Kingdom seems to have adopted an attitude of quite excessive horror about public investment, and I noticed that in yesterday’s newspaper Mr Bob Kiley, who ought to know, was predicting that the London Underground for which he is responsible, will, because of the Government’s insistance on the 'public-private investment partnership' whereby only private financiers are to come forward to invest, make the Tube worse and more expensive than it would have been under a programme of sensible public investment. I only wish that Mr Katiforis' words would be attended to in my own country. As has been said in the course of the debate, there is a matter of serious concern about the future pension liabilities of all the Member States. I speak with a certain interest since my own next birthday will be my sixtieth and I would be very glad, therefore, if we were to carry Amendment No 4 recommending the creation of special funds to deal with the future overhang of pension liabilities as that is one of the troubles that may beset us. But I welcome the report on behalf of my group and give Mr Katiforis our thanks and support."@en1
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