Translation of "Konvergenzpolitik" in English

The main objective of the study is to lay the foundations for any future decisions.

The strategy is there, we have targets, a timescale and a convergence policy.

For this reason, the European Union policy must be discussed at the Intergovernmental Conference and it must be reviewed.

It was not taken further because it conflicts with monetary union and the policy of convergence.

We need to intensify our work towards effective global convergence policies on crisis management and systemically important financial institutions.

A continuing strong current account position in several Member States is additional evidence of successful policies aimed at con­vergence.

Third, Mr Rehn, fiscal consolidation is important, but it cannot coexist with growing divergence between the Member States that make up the Union: convergence policy must be urgently reviewed.

With regard to employment, the proposed committee and its recommendations will have very little weight against the iron wall of convergence policies which are currently raising the levels of unemployment in the European Union.

If all the EU Member States pursue their convergence policies with determination, I am confident that by the second date, which is more relevant to the citizens themselves, a large majority of the Member States will be on board.

However, if it is to be possible it is essential that EMU should be discussed by the Intergovernmental Conference and that the convergence criteria should be revised because the cuts which are now being made throughout Europe in order to meet the convergence criteria are instead increasing unemployment.

Principally the Economic Union?s current policy gives rise to high unemployment, reduced economic demand and to a dramatic deterioration in social welfare levels in Member States.

By pursuing convergent policies at the level of the Fifteen, we shall, I hope, give a multiplier effect, added value, to the efforts of the Member States.

To reduce these differences and to make the regions more competitive, the European Union implemented a regional cohesion and convergence policy based on solidarity and endowed with the appropriate financial resources: the European Regional Development Fund, the European Social Fund and the cohesion funds.

Naturally, this regional cohesion and convergence policy must be pursued alongside other strategies, such as the EU 2020 strategy.

This is thus another example of the fact that today the policy of convergence is the biggest single stumbling block in the fight against unemployment in Western Europe.

We thus also see the convergence policy currently being implemented in the EU creating precisely the negative conditions that are conducive to racism and xenophobia.

First, the new EMS cannot be more than a temporary arrangement, since the official objective, in theory at least, is still a single currency for everyone and convergence in the foreseeable future.

I am not against the national economies of the Member States being put in order but the cuts which are now resulting from the convergence policy should give cause for reconsideration.

The Member States are being asked to pursue a policy of convergence, which means, as we know, an even greater number of unemployed people.

As a consequence of this, the EU ought to review current convergence policies which are forcing drastic cuts in countries and thereby limiting opportunities for State financial assistance to small and medium sized innovators for patents.

If the Member States are to be in a position to reflate the economy when and where necessary, they must continue to pursue the convergence policy which was launched at Maastricht and has subsequently been backed up by the Stability and Growth Pact; there must, however, be no increase in the overall tax-burden.

The Committee takes this to mean that the Commission recommends the development of reference frameworks which - with due regard for the Community convergence policy as agreed by the Member States - highlight the national macro-economic opportunities.

It should be made clear to the participants in the Intergovernmental Conference on institutional reform and on Economic and Monetary Union that inclusion of the Committee in the macroeconomic dialogue can contribute considerably to the Community's policy of convergence and thus to greater economic and social cohesion in the Community.

Under a properly coordinated economic policy, measures to counter unemployment and the recession are a precondition for, rather than an alternative to, the convergence policy required during the transitional stage of EMU.

Under a properly coordinated economic policy, measures to counter unemployment and the recession are a precondition for, rather than an alternative to, the convergence policy required during the transitional stage of EMU.