Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-11-Speech-3-280"
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"en.20070711.27.3-280"2
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"Madam President, Commissioner, Mr Trichet, Mr Juncker, I should first like to congratulate Mr Rosati and, in particular, Mr Mitchell, on the quality of their reports.
I believe that, economically speaking, these are promising times for Europe. Our objective is to increase production and economic activity. This is being reflected in new employment opportunities, and with inflation kept under control.
The challenge right now is to consolidate this economic growth, a goal we will not achieve unless our institutional problems are resolved. The issue in the reports is whether what we are witnessing is a cyclical recovery or a more substantial economic movement.
In this context, we do not have to resign ourselves to the idea that Europe has potential growth of 2%. The Member States must from now on synchronise their growth rates. In short, more jobs and more SMEs need to be created.
On this issue, the European Central Bank must also pursue the recommendations contained in Mr Mitchell’s report, namely prudence when it comes to raising interest rates, because decisions that should rest with governments, decisions on reform and much more far-reaching decisions in the fight against protectionism should not be pre-empted. The major problem we face in Europe is the rhetoric of protectionism, which goes against the spirit of European integration.
To sum up, this is a positive economic time, which, among other things, must be used to ensure that this growth continues and that European citizens are encouraged to identify the euro as one of their sources of well-being, prosperity and, most importantly, fresh job opportunities."@en1
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