Translation of "Wohlstandsniveau" in English

They have a high standard of living over there and the price of petroleum products is low.

In spite of problems and uncertainties, our economy is enjoying unprecedented prosperity.

As a result our relative levels ofwealth have started slipping.

These differences are not necessarily related to the general level of prosperity within a Member State.

As a source of income, they have a direct influence on the level of prosperity.

This will show itself in our level of welfare.

The current level of prosperity in Germany is not dictated by some "law of nature."

As a result of our economic progress, Ireland has now reached average EU wealth levels.

Sustainable development is about ensuring that a certain welfare level can be sustained over time.

Together with strong population expansion, these factors depressed the average standard of living.

In other cases the level of Community financing depends on the level of prosperity enjoyed by the region concerned.

At the same time, energy prices must be kept competitive, the level of prosperity high and the supply of energy secure.

From an economic perspective, it is clear that technological progress and free trade boost general prosperity in the long term.

In the end, it will improve our level of prosperity,” explains Josef Schuch, partner at Deloitte.

If, within twenty years, there will be nearly nine billion inhabitants on this earth, and if they all want a reasonable level of prosperity, then it is essential to handle natural resources well and sparingly.

Moreover, innovations of this kind, where the focus absolutely should remain on research, would help to maintain high living standards in Europe.

The second comment I would like to make is that the geopolitical conditions have changed since the signing of the Euratom Treaty as well as the prosperity of 30 years which passed between 1950 and 1980.

Lastly, the eligibility of all EU regions to benefit from cohesion policy must be judged on an individual basis, of course, according to their level of wealth, but the European Union must be able to make its contribution whenever cohesion policies are at stake.

That involves the question of how the European Union copes with enlargement in the coming years, particularly in the next century, taking account of the fact that the candidates for future membership of the European Union are well below the EU average in terms of both their general level of prosperity and the development of their physical and technological infrastructure.

We are also talking about ensuring that no-one who lives and works in Europe is forced into poverty and social exclusion relative to the standard of living in the Member States and regions in question.

Now, if we are already facing fairly dramatic problems within the common Belgian social security scheme, where there are only two nations with fairly similar levels of prosperity involved, think of the exponential increase that is likely if social security is organized on a European scale.

It is the integration process that has enabled us to reach levels of wellbeing never before reached for such a large number of citizens.

On the other hand, we should not, via the back door, turn the Cohesion Fund into an unlimited instrument for redistributing income to all those Member States which are beneath a certain level of prosperity.

However, we all know that the reality is that this naturally depends on economic problems and the standard of living, and that we could in inverted commas afford to worry more about our national safety than some of our neighbouring countries could.

This is a region that enjoys a much lower level of prosperity, which suffers from considerable environmental pollution and needs free passage through the Polish-Lithuanian border region to Belarus and Russia.