European Council: - arrival - statement by Martin SCHULZ, EP President - extracts from the press conference

Type: News   Reference: 93982   Duration: 00:04:17  Lieu: Justus Lipsius building, Brussels
End production: 27/06/2013   First transmission: 27/06/2013
EP Presiden Martin SCHULZ addressed the heads of state and government at the June European Council, which is expected to agree on a number of new measures to combat youth unemployment, such as frontloading the Youth Employment Initiative of EUR 6 bn to ensure that the support is ready as of January 2014. This should help ensure the maximum impact of the Youth Employment Initiative that targets regions with a youth unemployment rate of more than 25%. On his speech to the heads of state and government, President SCHULZ said: "Without a banking union we cannot win back public faith, placate the markets, guarantee sustainable economic development and generate growth. The European Parliament intends to make sure that no more banks have to be bailed out with taxpayer's money, that all EU citizens enjoy the same degree of legal certainty and that an arbitrary approach to regulation does not jeopardise the internal market." He added: "The way the Economic Recovery Plan has been implemented can be summed up in one word: pitiful. Against this background, you will understand why I am now urging you to tackle the youth employment initiative in a serious way. Releasing EUR 6 billion to fund this new youth employment initiative is a start; but, as we are all only too well aware, that six billion is just a drop in the ocean. According to International Labour Organisation estimates, EUR 21 billion will be needed to implement the Youth Job Guarantee properly."

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00:00:00 Title 00:00:05
00:00:05 Exterior shot of the Council, Brussels 00:00:05
00:00:10 Arrival of EP President Martin SCHULZ (2 shots) 00:00:18
00:00:28 Ambience shots before the round table meeting starts. 00:00:42
00:01:10 SOUNDBITE (German) Martin SCHULZ, EP President, on the fact that the confidence in Europe, in the European institutions and in the European governments is drastically reducing, and if this confidence is lost we are going to be in big trouble. 00:00:33
00:01:43 SOUNDBITE (German) Martin SCHULZ, EP President, on the deal on MFF and the mechanism that will allow this to happen after the 2014 period: "We all know that 6 billion is not going to be enough, we will need more money and money will be coming from structural funds as well as for regional development, more money for research and boosting qualifications as well." 00:00:41
00:02:24 SOUNDBITE (French) Martin SCHULZ, EP President: "In my view, the main pillar of economical recovery and for creating jobs for young people are the SMEs, and the SMEs are undergoing a terrible crisis because of the lack of access to loans. There are many companies with great ideas for investments that could create jobs. In countries such Greece, Spain, Cyprus and Italy, the banking system is just not willing to invest in the real economy in an appropriate way". 00:00:44
00:03:08 SOUNDBITE (French) Martin SCHULZ, EP President: "Improving competiveness sounds always very promising, but if it's to the detriment of social cohesion I personally would be against it". 00:00:09
00:03:17 Cutaways 00:00:08
00:03:25 SOUNDBITE (English) Martin SCHULZ, EP President: (on the Banking Union) "We made a first step yesterday night, but there is a long list of questions which remain open: the role of the ECB and the question of national exceptions. We have for the first time now a common European approach and just the same day, member states of the EU immediately, instead of continue with the common strategy, ask for exceptions. What we need is a coherent single European supervisor, a single European Banking Union and not a patchwork Banking Union which is at the end allowing banks once more to escape from efficient and sustainable control". 00:00:52
00:04:17 END 00:00:00
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