Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-533-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-03-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Time (Commission)2
lpv:document identification number	"en.20120313.21.2-533-000"2
lpv:hasSubsequent	lp_eu:2012-03-13-Speech-2-534-0002
lpv:speaker	lp:László Andor2
lpv:translated text	"I share your view that a country cannot develop competitiveness in the long run purely by holding wages down. Wages also play an important role in terms of sustaining aggregate demand in the economy, and demand is also very important if we want economic growth. However, given how the single market and the single currency have developed in the European Union, we now have to ensure that imbalances do not undermine the stability and the growth potential of the European economy as such. While it is true that the European Commission has no competences as regards wage-related questions, we have to see how, in the broader framework of economic governance, wage-related questions – wage trends, wage-setting mechanisms – can play a role in terms of developing a more stable and more dynamic environment. That is why last year, in the economic semester, some of the country-specific recommendations also pointed to certain wage-setting mechanisms which may have a role in helping – or, if they malfunction, undermining –economic competitiveness, which is why we engaged in dialogue with the Member States. But this was – and continues to be – a dialogue. The Commission is not imposing certain solutions on the Member States, but we would like to see a constructive approach, and an understanding of the importance of these methods, on the part of the Member States also."@en1
lpv:unclassifiedMetadata	"László Andor,"1 "Member of the Commission."1
lpv:videoURI	<go to Events_and_structure europarl>2

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