European Parliamentary Week on the European Semester for Economic Policy Coordination: extracts from the Plenary session

Type: News   Reference: 90175   Duration: 00:04:21  Lieu: Brussels, Belgium - European Parliament
End production: 28/01/2013   First transmission: 29/01/2013
- opening remarks by Othmar KARAS (EPP, AT), EP Vice-president - address by Olli REHN, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro and László ANDOR, Member of the EC in charge of Employment, Social Affairs and Inclusion Background: MEP's together with around 100 national MP's met to discuss various aspects of European Semester for Economic Policy Coordination. This 2-day long conference intends to give MEP's a better understanding of the different national concerns and for MP's to get a better overall view of the priorities for the Semester at European level. The opening was made by the EP Vice-President, Othmar KARAS, speech that was continued by the Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro and László ANDOR, Member of the EC in charge of Employment, Social Affairs and Inclusion. The European Semester is the approximately 6-month cycle in the first half of every year since 2011, aimed at better coordinating the economic policies of the EU and its member states. It was initiated as a response to the crisis, which made the need for closer coordination and discipline obvious.

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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:05
00:00:05 Exterior shot of the European Parliament, Brusssels, Belgium, (1 shot) 00:00:05
00:00:10 SOUNDBITE (German): opening remarks by Othmar KARAS (EPP, AT), EP Vice-president: "We will have to enhance our authority jointly. The European Parliament needs to be involved in European decision making by definition, but also in those matters where we are confronting each other, there we need a better and strengthened cooperation between us." 00:00:34
00:00:44 SOUNDBITE (German): opening remarks by Othmar KARAS (EPP, AT), EP Vice-president: "With the semester the responsibility for the agenda setting for general political priorities have changed, we have to deal with these changes and we have to live up to our responsibilities and we have to ensure that by participating in the decision making we show our responsibility for democratic legitimacy which needs to be high lightened for the future. This process must be reinforced." 00:00:34
00:01:18 SOUNDBITE (German): opening remarks by Othmar KARAS (EPP, AT), EP Vice-president: "The fact is that inter-governmental decisions and agreements are being made and concluded behind closed on the basis of Commission proposals. It is sometimes difficult to identify who is setting the objectives and who shoulders the responsibility but at the end of the day we shoulder the responsibility jointly taken." 00:00:33
00:01:51 SOUNDBITE (English): Olli REHN, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro: "First we need to maintain the pace of economic reform and to support the rebalancing of the European economy. And this rebalancing is underway and we see most clearly a turnaround in countries with current account deficits." 00:00:21
00:02:12 SOUNDBITE (English): Olli REHN, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro: "The rebalancing cannot occur in isolation of the world economy, the European economy must remain globally competitive and we cannot afford that kind of losses in global market shares that we have seen for instance in France and Finland, or in Belgium. And that is why, that is my second point, we need to reinforce or in fact in some cases reinstore the competitiveness of European industries, both in manufacturing and services." 00:00:34
00:02:46 SOUNDBITE (English): Olli REHN, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro: "The European Union has despite all difficulties made significant strikes last year, our policy approach for the present year2013 is very ambitious and substantial, but making it happen will require team play and responsibility from all of us so that we can restore confidence in a lasting manner and return to solid path of sustainable growth and job creation." 00:00:32
00:03:18 SOUNDBITE (English): László ANDOR, Member of the EC in charge of Employment, Social Affairs and Inclusion: "For many people the European social model appears in danger of not delivering social rights and social cohesion at a time when they need them most." 00:00:13
00:03:31 SOUNDBITE (English): László ANDOR, Member of the EC in charge of Employment, Social Affairs and Inclusion: "We face ever higher unemployment and the number of people that risk poverty or social exclusion accounts now for nearly ¼ of the EU population. We also have polarisation between countries that are financially relatively stable and experience a recovery also falling unemployment and other side countries that experience recession and continuing rise of unemployment and constant risk of social unrest." 00:00:38
00:04:09 cut away shots, (4 shots) 00:00:12
00:04:21 END 00:00:00
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