Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-085-000"

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"en.20110323.17.3-085-000"2
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"Madam President, I thought that you had overlooked me. Thank you for giving me the floor. We are creating a stability mechanism, a permanent aid fund, which will have to be paid for by the ordinary people, by the people who will not be getting any free gifts. The beneficiaries, however, are the people who be getting a free gift. From now on, we will be rewarding cheats, those who break their promises and those who fiddle the figures. Ten years ago, a Stability and Growth Pact was signed with a solemn pledge that it would keep public finances in order. That pact has been breached by Germany, France, Greece and others. Major deficits have not been tackled. Now, though, solemn promises are again being made that the new pact will actually work. It will now be Brussels which decides what the Dutch are allowed to earn, when the Dutch are allowed to retire and how much they will get from their pensions. Again, the bill is being footed by the taxpayer, by the people who are not getting any free gifts. Madam President, that permanent fund is an expensive toy which allows the political elite to conceal the fact that some countries cannot be trusted in a Monetary Union. There are countries that want to enjoy the joys of the euro, but do not want to share the burden, countries which are failing to keep their finances in order. Those countries, Madam President, should leave the eurozone. That is the only adjustment we need to make to the Stability and Growth Pact."@en1
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