Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-02-25-Speech-3-071"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-02-25"^^xsd:date2
dcterms:Is Part Of	lp_eu:Economic and financial guidelines2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20040225.5.3-071"2
lpv:hasSubsequent	lp_eu:2004-02-25-Speech-3-0722
lpv:speaker	lp:Ilda Figueiredo2
lpv:spokenAs	member_of_the_bureau; EUL/NGL (2002-03-06--2004-07-19)3 unknown; Partido Comunista Português (1999-07-20--2004-07-19)3 member; EMPL (2002-01-17--2004-07-19)3 substitute; AGRI (2002-01-17--2004-07-19)3 substitute; Committee on Women's Rights and Equal Opportunities (2002-01-17--2004-07-19)3 member; Delegation for relations with the Mashreq countries and the Gulf (2002-02-07--2004-07-19)3 substitute; Temporary committee on improving safety at sea (2003-11-20--2004-04-21)3 substitute; PECH (2002-01-17--2004-07-19)3
lpv:translated text	"Mr President, I deplore the fact that the report on public finances insists on supporting the Commission’s determination to comply, to the letter, with the provisions contained in the Stability Pact. This constitutes slavish devotion to the current orthodoxy in economic matters, which persists in ignoring reality. I deplore the fact that the consequences of the Stability Pact are being ignored and that we are not discussing here today the economic and social problems that the citizens are experiencing. I deplore the fact that the main aim of economic policy is budgetary consolidation and price stability, at the expense of economic and employment growth, of improving standards of living and of meeting people’s needs. Portugal is an example of this slavish implementation of the Stability Pact. The country is deep in recession, with a reduction in GDP that might exceed 1% and the highest levels of unemployment in the EU, which is jeopardising not only economic convergence with the EU, but also, for the third year in succession, the very conditions needed for a swift and sustained recovery. Budgetary consolidation must not be used as a stick with which to beat public services, nor must it jeopardise public investment. It must be a guarantee of high-quality public services. This policy, this Stability Pact must be amended. We must first speak about a sustainable growth and employment pact so that we can respond to the EU’s economic and social problems."@en1

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