Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-334"

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"en.20100519.22.3-334"2
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"Mr President, ladies and gentlemen, you will not admit it, but the reality is blatantly obvious: the idea or, at least, the myth of a liberal Europe has run out of steam. How can anyone continue to believe in a deepening of its federal dimension when it is getting ready to fleece the most indebted countries to help out the financial markets? Yet liberal Europe’s project and activities have also run out of steam, and spectacularly so. With the successive crises, the last of which was the deepest of all, public debt has exploded. Worse still, however, the credibility of the euro area has gone up in smoke. The situation calls for real solidarity. However, the Treaty of Maastricht rules out any solidarity between countries in the euro area. This is the ultimate European paradox. The end of the line for Europe is also apparent in the negotiations at the WTO and in the story regularly sold to us claiming that the EU will protect us from globalisation. Far from being our shield and protection, EU directives have frequently stolen a march on the WTO. In fact, we are now hugely vulnerable as a result of the EU, and we are now paying the price with the deindustrialisation process and the various forms of relocation. For the sake of the peoples, EU policy must be urgently refocused."@en1
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