Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-02-19-Speech-2-247"
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"en.20080219.30.2-247"2
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"Mr President, I think that this year our debate is really quite important because we are reviewing the Lisbon cycle.
I finally understand the Commission’s approach of saying that everything is fine and we do not need to make any changes because the European economy is fundamentally sound. You say this because compared with the situation of the American economy, yes, our economy is fundamentally much sounder. Yet I would add that it is bound to be relatively difficult to negotiate a redefinition of the Guidelines among twenty-seven countries.
This is not all there is to it, however. The situation of the American economy is going to have an impact on the economies of all the EU Member States and the economy of the euro zone in particular, perhaps. Also, we are going to have to take account of the legitimate new strategic targets for the environment and energy which the Heads of State and Government adopted last March. Everyone is looking at the turbulence, to put it mildly, on the financial markets and assessing its impact on those markets and its repercussions on the real economy.
We are therefore calling for these three elements to be officially included in the review of the Guidelines. Mr Turk, when we saw you in Ljubljana last November, you said to us, ‘Tell us what the European Parliament wants’. Well, we are telling you now, we want the Guidelines to take greater account of coordinating economic policies, climate change and the supervision of the financial markets. If efforts could still be made to do this we would welcome it as progress in improving our ability to coordinate economic policies and therefore to apply the Guidelines.
But this is not all, Commissioner! We also want greater consistency between the Guidelines and all the other tools at the Commission’s disposal for ensuring that this strategy, which we are defining together, can be implemented using the instruments available to the European Union in this field."@en1
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