Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-02-27-Speech-3-080"

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"Mr President, what stands out in the Commission document is, on the one hand, the acknowledgement that the backdrop to the Lisbon strategy was an economic growth rate of 3%, which did not reoccur in 2000 or in 2001 as a result of the economic slowdown that took place and, on the other, the document focuses on two fundamental objectives also mentioned in the Bullmann report: fulfilling the objectives of the Stability Pact, specifically the ‘zero deficit’ strategy, by 2004, and the speeding up of those processes that are lagging behind. Consequently, although it acknowledges that we are still seeing worrying levels of poverty and of inequalities in income, the proposals it makes are designed to exert greater pressure for the liberalisation of public markets, the creation of a single market for risk capital by 2003 and of financial services by 2005, the opening up of the electricity market by 2003 and of the gas market by 2004, pushing ahead with a second package of liberalisation in the rail sector and the commitment to reforming the labour markets. Although the document puts forward some positive measures in the social sphere, with the halving of poverty levels by 2010 and the adoption of social inclusion indicators, the fact is that speeding up privatisations, the attempt to make the labour market more flexible and the insistence on applying the rigid criteria of the Stability Pact whilst failing to take account of the diversities of the Member States and the serious social problems that some of them face, will lead to greater poverty and unemployment. The trust that employers as a class are placing in this Barcelona Summit is telling. Hence our firm opposition to this Commission document. The Bullmann report, which was initially reasonably balanced, was then ruined by moving too close towards the positions put forward by the Commission, another reason why we should oppose it."@en1

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