Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-09-Speech-1-090"

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"en.20090309.17.1-090"2
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"Madam President, the EU is confronting the global financial crisis with a budget that was formulated half a century ago. According to the rapporteur, the EU should face the modern, globalised world with a budget in which nearly all of the money is pledged to a lunatic agricultural policy and an ineffective regional policy. It is like using the cavalry to attack a modern, mechanised army with guided missiles. The difference in magnitude is absurd. The cost of resolving the financial crisis is impossible to estimate now, but one calculation that has been put forward suggests a figure in the region of USD 50 000 billion. The total EU budget is only a couple of per cent of that amount and is already pledged to agriculture and regional policy. The EU has required each Member State to implement a stimulus package corresponding to just over 1% of its GNP. This is already more than the entire EU budget, which, of course, only amounts to around 1%. It is also pathetic to read the wording in both these reports with regard to the funding of climate policy and energy policy. In these areas, too, the EU’s budget is thoroughly negligible. The EU’s task is to obtain cooperation and commitments, the costs of which must be borne in the Member States after being anchored there in a democratic process. The same applies to energy policy. Gas pipelines are cheaper to lay on land than on the seabed. Now when Russia and Germany nevertheless construct a gas pipeline on the seabed directly between their two countries, they do this to isolate themselves. It is a new Rapallo, and the EU does not say a word. ‘My words fly up, my thoughts remain below’, says the king in Hamlet."@en1
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