Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-02-12-Speech-3-038"

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"Mr President, the fact that my seat is directly opposite yours has not helped me to attract your attention from the start, but never mind. The European Union is in need of structural reform, as we have heard, and reform of the labour market is a structural reform that will be included in the Spring Summit, preceded by Thessaloniki. However, Mr President, the labour market and welfare systems are two sides of the same coin: if one goes well – the labour market – then so does the other – welfare systems – given that the labour market finances welfare systems and vice versa: if the labour market does not go well, then neither do welfare systems, and Commissioner Solbes starts to have problems. If, on the other hand, the labour market changes – owing to either regulatory reasons or market reasons, or both – then the welfare systems must also change, because they must reflect the changes occurring in the labour market. This is why, Mr President, Mr Yiannitsis, we also need to launch a strategy for welfare systems, similar to the one we applied, some years back, to the labour market under the Luxembourg Process: national plans, consensus on common objectives, transparency, the so-called three pillars, what was not yet called open coordination but which is now referred to in this way, and so on. We have to synchronise the two systems, we have to synchronise the two reforms, we have to synchronise the labour market and welfare systems. Therefore, open coordination, obligations and evaluation of the Stability Pact are all aspects that must be clearly defined and quantified at the Spring Summit, if we want to meet the Lisbon Objectives."@en1

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