Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-24-Speech-3-059"

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"en.20100324.12.3-059"2
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"Madam President, ladies and gentlemen, the Greek crisis is clearly the most serious problem that Europe is facing, and it is undoubtedly caused by a lack of rigour in the management of public expenditure. However, the European Institutions’ delay in taking steps to address this Member State’s moment of difficulty is incomprehensible and unacceptable. Moreover, this delay has already had a negative impact: indeed, it has opened the door to speculation; it has created, within the Union, doubts over certain countries’ intentions with regard to the future of Europe (I do not want us to forget that this is the first major issue that we have had to deal with following the entry into force of the Treaty of Lisbon); it has accentuated the difficulties of the Greek Government, which has had to implement anti-popular measures – not trivial or minor decisions – affecting millions of people, and it has done so without being sure that help was on its way. Furthermore, it has clearly damaged the founding value of solidarity, which is the cornerstone and the binding force of the idea that we all share of the European Union. Our intervention therefore needs to be free of any speculation. I would like to remind Mr Mauro that Germany is, without doubt, one of the countries to have benefited most from the entry into force of the euro and its effect on interest rates. We must act swiftly to help Greece. Europe must do so in the interests of Europe."@en1
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