Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-162-000"

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"Mr President, the social consequences of applying so-called ‘austerity’ measures are getting worse every day. The financial sector and big business continue to accumulate colossal profits, and the unsustainable extortion of national resources by means of interest paid on the sovereign debt of countries like Portugal continues. In this context, there is a question that must be asked: how long will the rulers of this European Union continue to tighten the noose? They are now proposing the so-called ‘Competitiveness Pact’: more attacks on wages and social rights, an increased retirement age, and increasingly insecure jobs. Moreover, they want to impose all this through economic governance, against the will of the peoples. However, the workers’ struggle that is continuing and intensifying across Europe demonstrates that this backtracking of civilisation is not inevitable, and that another way is possible and necessary. Once again, we wish to congratulate them from here on their courage and determination. The innumerable acts of struggle, strikes, protests and demonstrations are causes for hope and faith in a better future, in particular, the demonstration by the General Confederation of Portuguese Workers (CGTP) on 19 March."@en1
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