Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-11-Speech-3-281"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-07-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Eurozone (2007) - European Central Bank (2006) (continuation of debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20070711.27.3-281"2
lpv:hasSubsequent	lp_eu:2007-07-11-Speech-3-2822
lpv:speaker	lp:Ieke van den Burg2
lpv:spoken text	"Madam President, I want to use my short speaking time to express, on behalf of the PSE Group, our full support for the Stability and Growth Pact – it is necessary to repeat that several times – and in particular for the reform of the pact. We have made it more intelligent to take into account the economic cycle and developments. This is something that has to be applied properly and not deliberately as is now the case. Therefore, I appreciate what Mr Juncker and Mr Almunia have said, and it is good that we also express this on behalf of my political group. I wish to draw attention to two specific issues and I should like to hear the reactions from the three of you, whom I am very happy to see together here for this debate. One is the wage moderation issue. We support the principle that wage moderation should remain within the productivity growth, and this has been the case for more than ten years. However, it is now time to look at the rebalancing of the fruits of growth and, where we see that wages lag behind and are a smaller part of GDP, it is also time to look at rebalancing this. I should like to hear some comments on this. I know that Mr Juncker and Mr Almunia have also expressed them in this way. I should like to invite the President of the ECB in particular to comment on this issue. The other issue I want to raise is not only hedge funds but also paragraph 19 of the Mitchell report on corporate debt restructuring. This is a major concern for financial stability, and I should also like to ask you how to assess this and how to deal with this issue."@en1
lpv:spokenAs	member; ECON (2007-01-31--2009-07-13)3,3 substitute; IMCO (2007-01-31--2008-05-05)3,3 unknown; Partij van de Arbeid (2004-07-20--2009-07-13)3,3 member; Delegation for relations with Australia and New Zealand (2007-03-14--2009-07-13)3,3 member; PES (2004-07-20--2009-07-13)3,3
lpv:unclassifiedMetadata	"Ieke van den Burg (PSE )."1

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