Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-431"
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"en.20100505.74.3-431"2
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"Mr President, this strategy provides no response to the serious problems that we are facing, and even less to the true economic and social disaster that the imposition of free competition policies is bringing about in some Member States with more fragile economies. It is a mistake to insist on policies that are identical to the liberal Lisbon Strategy, which left the objectives announced 10 years ago of full employment and poverty eradication by the wayside, and instead gave priority to the interests of economic and financial groups, which was to their gain but came at the cost of worsening the social and employment situation.
All you have to do is look at the consequences of applying the blind criteria of the Stability Pact, and of the liberalisations and privatisations of strategic public-service sectors, including financial services, energy, transport and postal services. All you have to do is look at what is happening in the field of labour, with decreased job security and increased unemployment, which is currently in excess of 23 million, to which 85 million people in poverty can be added.
In contrast to what they try to make us believe, all indicators show that, if the strategies followed up to now continue, rates of economic growth will be very low and lower than in other parts of the world, meaning that unemployment will get worse, jobs will get less secure and less well paid, and poverty and social exclusion will get worse. Regrettably, the Union budget provides no response to the need for economic and social cohesion, as demonstrated by Greece’s situation.
It is, therefore, time to evaluate and admit the consequences of the policies that have been followed. It is time to prioritise social sustainability. It is time to put a stop to financial speculation and the domination of the economy by finance. It is time to bring an end to the Stability Pact and give the European Central Bank other functions, impose effective controls on the financial sector, and prioritise a true pact for progress and social development."@en1
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