Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-10-22-Speech-3-050"

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"Mr President, it is always difficult, in two minutes, to sum up or evaluate a Council with a full agenda like the last one which took place in Brussels. I am going to comment on the economic context, also with reference to many of this morning’s interventions. It is a fact that there is something wrong in our analyses, something that is wrong somewhere. We have come out of a global World Trade Organisation summit which has not provided the expected results at all, and the word ‘failure’ is a realistic way to describe it; we have a multilateral approach to trade policies which are currently in deep crisis; we must begin once more to ascertain whether the Doha requirements still do not have a basis, or whether the evolution of Doha will lead us to assume other positions. At the same time, we have a situation in Europe where inflation levels are essentially under control; the energy prices are, I would say, fairly stable and financial market conditions are not negative. So the question is: why is there no recovery? And economic recovery depends on series of factors which can only come into play in a European context. It is true that we are reinterpreting a Keynesian model readjusted to present times, but in this Keynesian model we need to speed up structural reforms. When we talk of structural reforms, we also have the political burden and task of leaving behind privileges of position which at this time are becoming onerous with respect to economic developments. The Brussels proposals are tangible and interesting. We have learned that politics is a job which must produce daily results, and that it is built on the basis of daily efforts and daily work. On 12 and 13 December, I think that we will see much of what was considered at last week’s Council become concrete proposals."@en1

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