Growth: Socialists want concrete measures
By Manon Malhère | Thursday 28 June 2012
Members of the Party of European Socialists (PES) are calling for concrete measures to promote jobs and growth in the European Union. “Since we are in the context of a crisis, it is very important that we should focus on growth,” said Danish Prime Minister Helle Thorning-Schmidt, on 28 June, during a PES meeting that took place a few hours before the European Council of heads of state and government. The Danish premier hoped that discussions would focus specifically on the ‘growth pact’.
This call was echoed by the President of the European Parliament, Martin Schulz, who said that “it is not just the sovereign debt that needs to be discussed”. Emphasising the problem of unemployment in Europe, Schulz called for an “interinstitutional agreement between the Council, Parliament and Commission, which will immediately provide the necessary measures for growth and unemployment”.
Moreover, members of the PES highlighted the need to include a ‘youth guarantee’ in the conclusions that the European Council will adopt in order to promote the employment of young people in the EU. The group launched a campaign for this guarantee, on 11 May, saying that the initiative could lift almost two million young people out of unemployment.
More widely, the European Socialists are calling for economic, fiscal and political integration, emphasising the need for measures on the taxation of financial transactions, the extension of the role of European Investment Bank and bonds and eurobonds.