Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-22-Speech-4-218"

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"en.20040422.5.4-218"2
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". By noting the continued stagnation of the European economy, the report takes the opposite view to the Commission. Unfortunately, the only aim of this realistic observation is to serve to justify the call for the Member States and the European institutions to come still more to the aid of the employers. It is somewhat comical to hear this Parliament, dominated though it is by defenders of the free-market economy and by destroyers of public services, resort to support from the state in coming to the aid of the European economy. In fact, this report describes what some Member States, such as France and Germany, are already doing. Whilst observing the Maastricht criteria, these countries are shamelessly running up their budget deficits in order to help those same employers who remain extremely determined to maintain, or even increase, their profits in a period of stagnation. Whether the Member States choose to support employers through inflation, that is to say by lowering purchasing power, or through budgetary austerity, that is to say by cutting back on public services, shedding jobs and freezing salaries, or through a combination of the two, it will in any case be the working classes that will pay. What you call your broad economic policy guidelines actually seek to reduce the share that the world of work has in the national revenue in order to increase the share of the wealthy class. Clearly, we cannot but denounce this policy and oppose it."@en1

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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz

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