Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-22-Speech-3-187"

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"Mr President, Commissioner, we are experiencing difficult times in the European Union, difficult times that are characterised by a lack of confidence, which leads to a lack of economic growth and an inability to create employment. At times such as these, when reforms of the Institutions are being carried out, as in the case of the Stability Pact, it is important that all the institutions of the European Union are present and that they participate in those institutional reforms, in order to give them more credibility and in order to communicate to the European citizens, at the end of the day, that those reforms are aimed at producing economic growth and creating employment. That has been the purpose of this European Parliament action: a clearly constructive purpose. Some of us are very critical of the Spring Council; we believe that the Pact should not have been reformed in the way it was. Despite this, however, we have presented constructive initiatives in order to supplement no less than the preventive aspect of the Stability and Growth Pact, and it is therefore absurd that the Council should dig its heels in and not allow a European Parliament initiative of a constructive nature which is intended to make the Stability Pact more reliable and more credible. I trust that this situation will change, that tomorrow the European Parliament will express its support for these amendments and act consistently and, also, that the intransigence of the Council will be overcome, after ascertaining the situation and the causes of the difficult crisis we are experiencing in Europe. The Commissioner, who is here today, is well aware that the budget surplus — what a budget surplus you achieved when you were responsible for finance in Ireland, Mr McCreevy ... it makes us jealous... — is well aware that the quality of public finances makes a contribution to confidence when it comes to promoting economic growth and job creation; that is what the European Union needs at the moment and that is what we aspire to. I would like to end by thanking Mr Karas, who has done a commendable job, for his attitude and his work."@en1

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