Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-26-Speech-2-134"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20041026.9.2-134"2
lpv:hasSubsequent	lp_eu:2004-10-26-Speech-2-1352
lpv:speaker	lp:Sérgio Ribeiro2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2005-01-11)3 unknown; Coligação Democrática Unitária (PCP-PEV) (2004-07-20--2005-01-11)3 substitute; TRAN (2004-07-21--2005-01-11)3 member; PECH (2004-07-21--2005-01-11)3 member; Delegation to the EU-Mexico Joint Parliamentary Committee (2004-09-15--2005-01-11)3 member; EUL/NGL (2004-07-20--2005-01-11)3 member; REGI (2004-07-21--2005-01-11)3 member; Temporary committee on policy challenges and budgetary means of the enlarged Union 2007-2013 (2004-10-14--2005-01-11)3
lpv:translated text	". The report before us, strengthened in the final version that was rejected by the rapporteur, portrays Economic and Monetary Union as a ‘success story’ and offers unconditional support to the monetary orthodoxy pursued by the European Central Bank. This is not a story that tells the truth as we understand it, and so we have rejected it. People talk about the success of macroeconomic stability, yet there is proof that recent years have been characterised by slow economic growth and rising unemployment, and by the transfer of the workers’ productivity gains to the employers; there are still high levels of unemployment, poverty, social exclusion and salary inequality in the EU; restrictive monetary and fiscal policy have had a negative effect on economic growth and on employment, instead of helping economic recovery and combating unemployment. The EU is a long way from being a homogenous economic area, given that considerable discrepancies still exist between Member States as regards the level of economic and regional development, of inflation and unemployment. These discrepancies have been exacerbated by the single monetary policy and the cost of economic adjustments has been passed on to salaries and jobs, to the workers and the people. Let us also not forget the inflationary effects of the euro on essential items and on bank rates and commissions that are not subject to suitable scrutiny. ( )"@en1
lpv:unclassifiedMetadata	"Explanation of vote abbreviated in accordance with Rule 163(1) of the Rules of Procedure"1

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