Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-04-04-Speech-2-043"

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"en.20060404.6.2-043"2
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"Changes in the world economy, globalisation processes and their effects on the competitiveness of economic blocs and companies in branches of state economies – these are new challenges for the European Union, which is increasingly losing its competitiveness, and is not ready for the challenges of globalisation. The EU is losing the competition war to the USA, China and India. The EU should prepare for the challenges of globalisation by reforming itself from within. We failed to adopt the Constitution, the financial perspective is deadlocked and less funds are being allocated to the trans-European Networks. Without a common energy policy, the supply of energy resources, which form the basis of an economy's competitiveness, is threatened, as is security. With the admission of the new candidates, Slovenia and Lithuania, the enlargement of the Euro zone would be one of the actions and decisions which would stimulate economic growth. I would like to mention two important factors for increasing the EU's competitiveness – investment in information and innovations and the accelerated creation of a common energy policy. These are inter-dependent factors – innovations allow leaders to emerge, while in this sector – energy, which determines competitiveness, innovations allow the creation of new sources of energy and the rational and economical use of existing ones. While negotiations on the financial perspective for the period 2007-2013 are still under way, we ought to reconsider the funding priorities and increase the funding of science, research and the trans-European Networks. On the subject of the competitiveness of the EU economy, I would like to mention one of the EU's most successful projects – the introduction of the common currency, the Euro, in 12 Member States. With the enlargement of the Euro zone approaching, we can also see certain shortcomings: the requirements of the Stability and Growth Pact are not being adhered to, there is considerable state debt and at various stages almost all of the Euro zone members have failed to satisfy the price stability index. The experience of five years demonstrates the need to improve the Maastricht criteria themselves. However, fundamentally, the Euro zone was and still is a political project, which has shown its use and it must go on to a new stage of enlargement."@en1

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