Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-047"
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"en.20100616.4.3-047"2
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"Two years after the outbreak of the crisis, economic growth has started, albeit slowly. The situation continues, however, to be extremely fragile. Dealing with the enormous state budget deficits and indebtedness of Member States demands extremely disciplined budgetary policies and savings everywhere. There is no room for various populist promises. We need to maintain and indeed to reduce the deficit everywhere. It is a great challenge to make sure that the poor and vulnerable do not end up in a hopeless situation as a result of the cutbacks. It is important to guarantee that no other country can follow the example of Greece in the future.
It is good that Mr José Manuel Barroso and Mr Olli Rehn warned those who, by falsifying the data on the actual situation, envisioned a Greek bankruptcy and played with fire. This is why it is crucial for Member States’ draft budgets to be submitted in advance to the Commission for review. It is regrettable that the United Kingdom is not a party to this. Furthermore, significant steps are needed to bring about a true economic union, as well. This requires, on the one hand, a much more effective harmonisation of the economic policies of Member States. Only Community solutions can lead the European Union out of the crisis; national egoism and introversion only aggravate the problems."@en1
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