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1997/2068(COS) Broad guidelines of the economic policies of the Member States and the Community for 1997

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ECON RANDZIO-PLATH Christa (icon: PES PES)
Lead committee dossier:
Legal Basis:
RoP 142

Events

1997/07/07
   CSL - Council Meeting
1997/06/16
   Final act published in Official Journal
1997/06/09
   CSL - Debate in Council
Documents
2014
1997/06/09
   CSL - Council Meeting
1997/05/29
   EP - Text adopted by Parliament, single reading
Documents
OJ C 182 16.06.1997, p. 0013-0027
T4-0269/1997
1997/05/29
   EP - Decision by Parliament
Documents
T4-0269/1997
1997/05/29
   EP - End of procedure in Parliament
1997/05/28
   EP - Debate in Parliament
Details

The rapporteur considered that the broad guidelines for economic policy had not been sufficiently used to actually achieve a greater degree of coherence in European economic policy. According to Mrs Randzio-Plath, more effective and more binding economic guidelines needed to be promoted and employment needed to be established as an essential element in all other aspects of economic policy. To conclude, the rapporteur stressed the importance of channelling public funds more directly into productive investment and also the need to increase purchasing power in order to raise the level of demand, partly by reducing the tax burden on the labour factor. Rejecting the rapporteur’s slightly too pessimistic conclusions, Commissioner de Silguy said that employment could not be decreed away but depended on strong, sustainable and balanced growth. As for demand, he warned that this should not be artificially stimulated as new imbalances would be created. Referring to certain statistics which revealed a gradual increase in both demand, from 1.9% in 1997 to 6.3% in 1998, and productive investment, from 4.8% in 1997 to 6.3% in 1998, Mr de Silguy recommended for this year improved coordination of the economic policies of Member States, including those relating to employment matters. In his opinion, research and development should also be promoted and the labour market should be reformed through a reasonable overhaul of the salary structure, without this necessarily leading to lower salaries. Having noted that investment profitability was at its highest level since the 1960s and that employees had significantly contributed to this healthier macro-economic framework, Mr de Silguy asked employers to relaunch job-creative investment and the authorities to maintain public investment and expenditure, especially on the trans-European networks. Finally, the Commissioner, who was favourable to the substance of the report’s main amendments, reaffirmed the Commission’s willingness to set up an interinstitutional agreement for implementing Article 103 of the Treaty so that Parliament could be involved more in the multilateral surveillance process.

Documents
Debate in Parliament
1997/05/22
   EP - Committee report tabled for plenary, single reading
Documents
A4-0184/1997
OJ C 182 16.06.1997, p. 0003
1997/05/22
   EP - Vote in committee
1997/05/21
   EP - Committee report tabled for plenary
Documents
A4-0184/1997
1997/05/14
   EP - Committee referral announced in Parliament
1997/04/23
   EC - Non-legislative basic document
Documents
EUR-Lex
COM(1997)0168
1997/04/23
   EC - Document attached to the procedure
Documents
EUR-Lex
COM(1997)0169
1997/04/22
   EC - Non-legislative basic document published
Documents
EUR-Lex
COM(1997)0168
1997/01/22
   EP - RANDZIO-PLATH Christa (PES) appointed as rapporteur in ECON

Documents

History

(these mark the time of scraping, not the official date of the change)

2023-08-03Show (11) Changes | Timetravel
docs/0
date
1997-04-23T00:00:00
docs
summary
type
Non-legislative basic document
body
EC
docs/1
date
1997-05-13T00:00:00
docs
title: PE222.203
type
Committee draft report
body
EP
docs/2
date
1997-05-22T00:00:00
docs
type
Committee report tabled for plenary, single reading
body
EP
docs/2
date
1997-05-14T00:00:00
docs
title: PE222.499/DEF
committee
EMPL
type
Committee opinion
body
EP
docs/2/docs/1/url
Old
https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:1997:182:SOM:EN:HTML
New
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:182:TOC
docs/3
date
1997-05-22T00:00:00
docs
type
Committee report tabled for plenary, single reading
body
EP
docs/3
date
1997-05-29T00:00:00
docs
summary
type
Text adopted by Parliament, single reading
body
EP
docs/3/docs/0/url
Old
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:182:TOC
New
https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:1997:182:SOM:EN:HTML
docs/4
date
1997-05-29T00:00:00
docs
summary
type
Text adopted by Parliament, single reading
body
EP
events/0/date
Old
1997-04-23T00:00:00
New
1997-04-22T00:00:00
events/3/date
Old
1997-05-22T00:00:00
New
1997-05-21T00:00:00
2021-12-18Show (9) Changes | Timetravel
docs/3/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-4-1997-0184_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-4-1997-0184_EN.html
events/1/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament
events/2/type
Old
Vote in committee, 1st reading/single reading
New
Vote in committee
events/3
date
1997-05-22T00:00:00
type
Committee report tabled for plenary
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/A-4-1997-0184_EN.html title: A4-0184/1997
events/3
date
1997-05-22T00:00:00
type
Committee report tabled for plenary, single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/A-4-1997-0184_EN.html title: A4-0184/1997
events/4/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970528&type=CRE
New
https://www.europarl.europa.eu/doceo/document/EN&reference=19970528&type=CRE
events/5/type
Old
Decision by Parliament, 1st reading/single reading
New
Decision by Parliament
procedure/legal_basis/0
Rules of Procedure EP 142
procedure/legal_basis/0
Rules of Procedure EP 132
2020-01-19Show (5) Changes | Timetravel
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs, Industrial Policy
committee
ECON
rapporteur
name: RANDZIO-PLATH Christa date: 1997-01-22T00:00:00 group: Party of European Socialists abbr: PES
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs, Industrial Policy
committee
ECON
date
1997-01-22T00:00:00
rapporteur
name: RANDZIO-PLATH Christa group: Party of European Socialists abbr: PES
docs/3
date
1997-05-22T00:00:00
docs
type
Committee report tabled for plenary, single reading
body
EP
docs/3
date
1997-05-22T00:00:00
docs
type
Committee report tabled for plenary, single reading
body
EP
events/3/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-184&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-4-1997-0184_EN.html
2019-07-06Show (12) Changes | Timetravel
activities
  • date: 1997-04-23T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=168 title: COM(1997)0168 type: Non-legislative basic document published celexid: CELEX:51997DC0168:EN body: EC commission: type: Non-legislative basic document published
  • date: 1997-05-14T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 1997-01-22T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: RANDZIO-PLATH Christa
  • body: EP committees: body: EP responsible: True committee: ECON date: 1997-01-22T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: RANDZIO-PLATH Christa docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-184&language=EN type: Committee report tabled for plenary, single reading title: A4-0184/1997 date: 1997-05-22T00:00:00 type: Vote in committee, 1st reading/single reading
  • date: 1997-05-28T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970528&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 1997-05-29T00:00:00 docs: type: Decision by Parliament, 1st reading/single reading title: T4-0269/1997 body: EP type: Decision by Parliament, 1st reading/single reading
  • body: CSL meeting_id: 2014 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2014*&MEET_DATE=09/06/1997 type: Debate in Council title: 2014 council: Economic and Financial Affairs ECOFIN date: 1997-06-09T00:00:00 type: Council Meeting
  • date: 1997-06-16T00:00:00 type: Final act published in Official Journal
  • date: 1997-07-07T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2023
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs, Industrial Policy
committee
ECON
date
1997-01-22T00:00:00
rapporteur
name: RANDZIO-PLATH Christa group: Party of European Socialists abbr: PES
committees/0
body
EP
responsible
True
committee
ECON
date
1997-01-22T00:00:00
committee_full
Economic and Monetary Affairs, Industrial Policy
rapporteur
group: PSE name: RANDZIO-PLATH Christa
council
  • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2023 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2023*&MEET_DATE=07/07/1997 date: 1997-07-07T00:00:00
  • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2014 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2014*&MEET_DATE=09/06/1997 date: 1997-06-09T00:00:00
docs
  • date: 1997-04-23T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=169 title: EUR-Lex title: COM(1997)0169 summary: type: Document attached to the procedure body: EC
  • date: 1997-05-13T00:00:00 docs: title: PE222.203 type: Committee draft report body: EP
  • date: 1997-05-14T00:00:00 docs: title: PE222.499/DEF committee: EMPL type: Committee opinion body: EP
  • date: 1997-05-22T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-184&language=EN title: A4-0184/1997 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:182:TOC title: OJ C 182 16.06.1997, p. 0003 type: Committee report tabled for plenary, single reading body: EP
  • date: 1997-05-29T00:00:00 docs: url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:182:TOC title: OJ C 182 16.06.1997, p. 0013-0027 title: T4-0269/1997 summary: type: Text adopted by Parliament, single reading body: EP
events
  • date: 1997-04-23T00:00:00 type: Non-legislative basic document published body: EC docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=168 title: EUR-Lex title: COM(1997)0168 summary:
  • date: 1997-05-14T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 1997-05-22T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary:
  • date: 1997-05-22T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-184&language=EN title: A4-0184/1997
  • date: 1997-05-28T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970528&type=CRE title: Debate in Parliament summary: The rapporteur considered that the broad guidelines for economic policy had not been sufficiently used to actually achieve a greater degree of coherence in European economic policy. According to Mrs Randzio-Plath, more effective and more binding economic guidelines needed to be promoted and employment needed to be established as an essential element in all other aspects of economic policy. To conclude, the rapporteur stressed the importance of channelling public funds more directly into productive investment and also the need to increase purchasing power in order to raise the level of demand, partly by reducing the tax burden on the labour factor. Rejecting the rapporteur’s slightly too pessimistic conclusions, Commissioner de Silguy said that employment could not be decreed away but depended on strong, sustainable and balanced growth. As for demand, he warned that this should not be artificially stimulated as new imbalances would be created. Referring to certain statistics which revealed a gradual increase in both demand, from 1.9% in 1997 to 6.3% in 1998, and productive investment, from 4.8% in 1997 to 6.3% in 1998, Mr de Silguy recommended for this year improved coordination of the economic policies of Member States, including those relating to employment matters. In his opinion, research and development should also be promoted and the labour market should be reformed through a reasonable overhaul of the salary structure, without this necessarily leading to lower salaries. Having noted that investment profitability was at its highest level since the 1960s and that employees had significantly contributed to this healthier macro-economic framework, Mr de Silguy asked employers to relaunch job-creative investment and the authorities to maintain public investment and expenditure, especially on the trans-European networks. Finally, the Commissioner, who was favourable to the substance of the report’s main amendments, reaffirmed the Commission’s willingness to set up an interinstitutional agreement for implementing Article 103 of the Treaty so that Parliament could be involved more in the multilateral surveillance process.
  • date: 1997-05-29T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: title: T4-0269/1997 summary:
  • date: 1997-05-29T00:00:00 type: End of procedure in Parliament body: EP
  • date: 1997-06-09T00:00:00 type: Debate in Council body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2014*&MEET_DATE=09/06/1997 title: 2014
  • date: 1997-06-16T00:00:00 type: Final act published in Official Journal
links
other
  • body: CSL type: Council Meeting council: Former Council configuration
procedure/dossier_of_the_committee
Old
ECON/4/08823
New
  • ECON/4/08823
procedure/legal_basis/0
Rules of Procedure EP 132
procedure/legal_basis/0
Rules of Procedure of the European Parliament EP 132
procedure/subject
Old
  • 5.10.01 Convergence of economic policies, public deficit, interest rates
New
5.10.01
Convergence of economic policies, public deficit, interest rates
2014-11-10Show (5) Changes
activities
  • date: 1997-04-23T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=168 title: COM(1997)0168 type: Non-legislative basic document published celexid: CELEX:51997DC0168:EN body: EC commission: type: Non-legislative basic document published
  • date: 1997-05-14T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 1997-01-22T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: RANDZIO-PLATH Christa
  • body: EP committees: body: EP responsible: True committee: ECON date: 1997-01-22T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: RANDZIO-PLATH Christa docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-184&language=EN type: Committee report tabled for plenary, single reading title: A4-0184/1997 date: 1997-05-22T00:00:00 type: Vote in committee, 1st reading/single reading
  • date: 1997-05-28T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970528&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 1997-05-29T00:00:00 docs: type: Decision by Parliament, 1st reading/single reading title: T4-0269/1997 body: EP type: Decision by Parliament, 1st reading/single reading
  • body: CSL meeting_id: 2014 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2014*&MEET_DATE=09/06/1997 type: Debate in Council title: 2014 council: Economic and Financial Affairs ECOFIN date: 1997-06-09T00:00:00 type: Council Meeting
  • date: 1997-06-16T00:00:00 type: Final act published in Official Journal
  • date: 1997-07-07T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2023
committees
  • body: EP responsible: True committee: ECON date: 1997-01-22T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: RANDZIO-PLATH Christa
links
other
  • body: CSL type: Council Meeting council: Former Council configuration
procedure
dossier_of_the_committee
ECON/4/08823
reference
1997/2068(COS)
title
Broad guidelines of the economic policies of the Member States and the Community for 1997
legal_basis
Rules of Procedure of the European Parliament EP 132
stage_reached
Procedure completed
subtype
Commission strategy paper
type
COS - Procedure on a strategy paper (historic)
subject
5.10.01 Convergence of economic policies, public deficit, interest rates
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