Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-19-Speech-3-566-000"
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"en.20110119.26.3-566-000"2
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"Mr President, back in 2007, President Sarkozy denied any link between the release of five Bulgarian nurses from Libya and the Libyan order for French missiles worth EUR 240 million.
These arms were sold to a country held responsible for the Lockerbie bombing and the supply of terrorist weapons. Yet even Gaddafi’s son suggested that there was a link between the two deals. It was arms for prisoners.
In 2004, the EU removed the arms embargo against Libya in exchange for migration controls. That was arms for borders.
Now, the London Times reports that Baroness Ashton suddenly wants to drop the EU arms embargo against China, which was imposed because of the massacre in Tiananmen Square, saying it is ‘a major impediment to developing stronger EU-China cooperation’.
Actually, I believe it is a major impediment to saving the euro, is it not? Just like the Libyan deal, it seems the EU is so desperate now to save the euro that it is prepared to risk our collective security, as only the Chinese have enough money to rescue the euro. This is arms for bonds. Chinese foreign exchange reserves are USD 2.9 trillion. It has already bought Greek, Spanish and Portuguese bonds. However, China is also the country that bans the word ‘democracy’ from its search engines and executes thousands every year.
So, I ask in all sincerity, just how low will the EU go to save the euro?"@en1
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