Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-477"

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"en.20101215.26.3-477"2
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"Madam President, to defend what is called the European social economic model we have to adjust the European model to reality, namely the global challenges and the crisis in Europe. If we want to defend the model, it cannot remain the same. A major assumption, which has already been stated, is as follows – this is a basic philosophy: consolidation and the regaining of the confidence of the markets is the basis for stable, sustainable growth and jobs. That is critical to the future welfare of European citizens. Referring precisely to the questions from Ms Harkin and Mr De Rossa – Mr De Rossa’s being Irish-oriented – we are setting the same rate as the IMF in this respect. We are not obliged to make our Memorandum to the Irish Government open to the public. I have to say that there is nothing more anti-social than to produce deficit and debt, which will be charged to future generations of European citizens. There is nothing less responsible than banking practices that are transferring the banking problem into the sovereign debt problem. These are anti-social, irresponsible actions and we cannot blame the Commission for them. We recognise that there is a clear tension between the austerity being undertaken in so many countries and its impact upon social inclusion and the level of poverty. We recognise that and therefore we need impact assessments and discussions. Such a discussion has been conducted here in Parliament. Again, our basic philosophy is that prevention is what is valuable. Prevention means that we should influence the policy mix at the national level. The policy mix at national level is mainly responsible for the trade-off between austerity and growth. This is the major responsibility, but we are to influence this policy mix at national level in such a way as to discourage building the future of Europe upon debts and deficits because that does not lead anywhere."@en1
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