Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-316-875"
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"en.20121120.28.2-316-875"2
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The current economic and financial crisis will undoubtedly have long-term effects on the European economy, employment rate, public savings and social investments in Europe. The majority of recent and current responses to the crisis are based on short-term goals aimed mainly at bringing back the sustainability of public finances, which is crucial to the EU economy. As a consequence of the economic and social crisis the unemployment rate in [January 2012 stood at more than 10 % in the EU 27]. As a consequence of the crisis, the pressure on social assistance schemes has increased in many countries and the revenues for pension schemes, employment benefits or healthcare systems have dropped considerably. The majority of recent responses to the crisis seem to lack a social and employment policy dimension. The first attempt to create a coordinated EU response towards employments and social policies in Europe, the Lisbon Strategy together with the European Employment Strategy, failed to deliver due to weak governance and unfortunately, from what we can observe, the success of the Europe 2020 strategy is uncertain and requires stronger engagement from Member States. I share the view that the recently developed economic governance and macroeconomic surveillance should be supplemented by monitoring of employment and social policies. I also consider it to be justified for the Member States to sign a ‘Social Investment Pact’ through which they could create better governance and control mechanism over implementation of the employment, social and education goals of Europe 2020."@en1
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