Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-24-Speech-3-073"
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"en.20100224.13.3-073"2
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"Madam President, ladies and gentlemen, in defining the mid-term strategy, the Union will have to take account of the effects of the economic crisis, which is today penalising this part of the world – and other parts too – and, of course, of the shortcomings that gave rise to the modest results of the previous strategy, the 2000 Lisbon Strategy.
The crisis gives us some specific pointers with regard to development and full employment, if we want to incorporate – as I believe is necessary – this objective in our action.
Firstly, regulatory instruments and supervision of the financial system and of the banks are required to ensure that the negative conditions that are severely penalising us today are not repeated.
Secondly, we will need to invest heavily in innovation, research and training, particularly if we want to move towards a green economy. For substantial investment to be possible, however, Europe must equip itself with Eurobonds and with a system of rewards and penalties so that it can achieve its economic objectives. Those are the main shortcomings of Lisbon I.
We will have to introduce uniform redistributive policies with regard to both taxation and pay. Moreover, a coordinated industrial policy is required for sectors in order to protect the historic manufacturing structure of our region of the world. Lastly, we need to reshape and relaunch social dialogue as a force for cohesion and for curbing the dangers of long-term unemployment with which we have to come to terms."@en1
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