Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-06-Speech-3-152"

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". Mr President, Commissioner, it has to be said that what prevails in the application of the Maastricht Treaty is not at all what you describe: it is neither Article 9 nor Article 14 for protecting public services. Rather, it is the principles of competition, unrestricted free-tradeism, the weakening of social protection, the smashing of pensions and wages, and the rejection of fair fiscal harmonisation. For example, this year has been declared the European Year for Combating Poverty and Social Exclusion. Let us note exactly what you have done which conflicts with that, Members of the Commission and of the Council. The decisions taken in these last few days pushing us towards super austerity, and the Commission setting itself up as a veritable tribunal to put it into effect, are in conflict with every single social project. Instead of believing that austerity and social regression will get the European Union out of the crisis, I think that we must use quite different reasoning; in fact, the opposite reasoning. Social progress is a lever for ending the crisis. I would therefore like to make a proposal to you, which I submit to the debate for further consideration. The proposal would involve creating a new system which would allow the European Central Bank to buy – including via the creation of money, as all banks in the world do now – all or part of the debt of the Member States if necessary, and, at the same time, to set up a European fund for human, social and ecological development. Backed up by the European Central Bank and the European Investment Bank, this fund should allow public services – or community services of general interest, if you like – to be expanded, and should provide aid for industry, research and training."@en1
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