Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-03-Speech-3-202"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-10-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Growth and Stability Pact – Informal ECOFIN of 22/23 September in Liege2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20011003.6.3-202"2
lpv:hasSubsequent	lp_eu:2001-10-03-Speech-3-2032
lpv:speaker	lp:Luigi Cocilovo2
lpv:spokenAs	substitute; Committee on Regional Policy, Transport and Tourism (1999-07-21--2002-01-14)3,3 member; Conference of Delegation Chairs (1999-07-22--2002-01-14)3,3 member_of_the_bureau; EPP-ED (1999-10-12--2002-03-07)3,3 member; EMPL (1999-07-21--2002-01-14)3,3 substitute; Delegation to the EU-Turkey Joint Parliamentary Committee (1999-10-08--2002-01-14)3,3 unknown; Partito popolare italiano (1999-07-20--2004-07-19)3,3 chair; Delegation to the EU-Malta Joint Parliamentary Committee (1999-07-22--2002-01-14)3,3
lpv:translated text	"Mr President, with only a few days before the introduction of the euro, I believe we should most of all avoid the risk of confirming a contradiction between convergence and stability policies on the one hand and, on the other, policies aiming at sustaining the processes of growth and lasting development, in accordance with the objectives of the Lisbon Summit. Bearing in mind the implementation of planned and existing automatic stabilisers, I think the objectives set in the Stability and Growth Pact should not be presented or seen as obstacles to growth or the need to respond – politically too – to the consequences of a downturn in the economic climate like the one we are now going through. Furthermore, I believe it would be just as wrong to present compliance with the Stability Pact objectives as being a sufficient or, worse still, the only possible reaction to a context with a clear risk of recession. I believe that in such circumstances there is once again a need especially to speed up progress towards two goals. The first is to specify and perfect tools of analysis and control, to ensure that public finances are used consistently and concomitantly in support of selective investment programmes that are strictly targeted and as such useful in an absolute sense – and even more necessary when compensating for the economic downturn. The second goal, confirming the positive nature of the Stability and Growth Pact, is to adapt and consolidate it so it remains in operation beyond the time when it should have reached its objectives, thus improving the conditions and strengthening the tools for an effective Community economic policy."@en1

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