Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-13-Speech-1-038"

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"en.20101213.15.1-038"2
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"Mr President, a difficult year both for mankind and for Europe, a Europe tested on its common currency and cohesion, is coming to an end. New protection and support institutions have been designed and applied in order to defend the common currency and support two main countries with completely different economies: Greece and Ireland. I believe that all of us, especially the European leaders, have learned from this crisis and that there is now a greater feeling of solidarity between us. I trust that this is so. I believe, therefore, that the right moves will be made to maintain social cohesion in 2011, without the extremes caused by untempered budgetary austerity. I must stress that the opposite economic policy applies in the United States. We have to understand that measures need to be taken in the euro area to create conditions for smooth recovery on the markets in Greece, Ireland and Portugal and to avoid similar problems in Spain."@en1
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