Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-20-Speech-2-319"
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"en.20100420.12.2-319"2
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"Question No 34 by Mr Georgios Papanikolaou ()
On 4 March, your representative, Amadeu Altafaj, stated that cuts in the Greek public sector might well be followed by cuts in the private sector.
From an economic point of view, any such development would exacerbate the recession by cutting domestic demand and internal consumption. The immediate impact of this cyclicity is a reduction in state revenue. I should like to ask the Commission where the optimism that disarming consumer power will guarantee Greece a way out of the recession comes from. I think that no one needs any particular knowledge of economics to say with certainty that limiting consumer power leads to even deeper recession."@en1
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"Subject: Extending cuts to the private sector"1
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