It raises a very fundamental matter. You are right. There is very great complementarity between the two White Papers. What we have to understand is that the White Paper on growth, competitiveness and employment presents a growth strategy for the development of European economies, whereas the White Paper on social policy presents a strategy to develop the social dimension as a whole. That leads to a competitive social environment.

I agree with you that the whole question of flexibility must not be seen in any way as an attempt to diminish workers' rights or as a code word for reduced wages. It is an attempt to put in place the kind of regulation that satisfies the new European model we are seeking to set up, recognizing the globalization of the industrial world, recognizing the impact of new technology, which results in job destruction of up to 10% per year and also results in a mismatch insofar as training skills for the new jobs are concerned because we do not have the necessary adaptability. That was fundamentally the reason for the reform of the Social Fund last year and particularly Objective 4.

We must also bear in mind the changes in society that are all around us, the new family structures and in particular the ageing society, the green society that is now everywhere to be seen and the demographic changes in Europe. That is the kind of flexibility we are talking about. In this White Paper on social policy we are not talking about doing away with standards or reducing workers' rights in any way. On the contrary.