Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-11-Speech-3-274"

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"en.20070711.27.3-274"2
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"Mr President, in taking the floor in this debate, I would like to raise two points. Firstly, we should note with satisfaction that 2006 was unusually good for the Eurozone countries. GDP increased by 2.7%, compared with 1.4% in 2005, unemployment stood at 7.6%, which was the lowest in fifteen years. These results were achieved against an inflation rate that has remained at a steady 2.2% since 2005, and a reduced fiscal deficit. It is puzzling, however, that these figures are consistently worse than the growth, unemployment, inflation and budget deficit figures in three countries outside the Eurozone, i.e. the United Kingdom, Sweden and Denmark. They also fall behind the annual figures achieved by the US economy. Secondly, both reports are full of figures, and we have concentrated on these. However, it would seem that not everybody regards figures as having the greatest importance. The newly-elected French president said in an interview that economic growth and full employment are so important that the heads of state should deal with them directly, and also that the excessive strength of the euro, brought about by the latest increases in interest rates by the European Central Bank, harms European exporters. In addition to this diagnosis, the French president also wants to reduce taxation and increase the budget deficit in order to increase economic growth and reduce unemployment in the future. I am nearly done. But I have not heard any words of criticism, either from the President of the Europe…"@en1
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