Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-04-26-Speech-4-152"
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"en.20070426.21.4-152"2
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".
Parliament’s annual reports on public finances put forward the same recipe regardless of the economic situation at the time. The implementation of the Stability and Growth Pact is one of the biggest hindrances to economic and social development in the EU and in the least developed Member States that suffer from economic difficulties, such as Portugal.
The report clearly states the objective of using ‘the economic recovery to cut their budget deficits and by making labour markets more competitive’. The idea, in other words, is to cut the State’s social functions and to deregulate the labour market in terms of salaries and the job security of public administration workers.
The primary objective of this report is no longer zero deficit but budgetary excess. Naturally, the rapporteur is not comfortable with the 2005 pseudo review of the Pact, when there is clear evidence of the Pact’s irrationality given the economic recession the EU was experiencing. This, as we all know, is a political pact, the fruit of the prevailing neoliberal ideology, in which economic justification is just an alibi. This has been our position since 1997, since which time we have been calling for the abolition of the Stability and Growth Pact.
Hence our vote against the report before us."@en1
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