Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-416-000"
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"en.20110623.37.4-416-000"2
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"−
This report is part of the package of six pieces of legislation on so-called economic governance. While the intention of the rapporteur and her political group was to make it stand out from the other five, the fact is that it is very revealing of the contradictions that exist in this European Union.
In fact, it is not enough to identify macroeconomic imbalances in the Member States if there are no alternative EU policies to the current ones, based on solidarity and economic and social cohesion, in order to remedy the imbalances. Pious declarations of good intentions about protecting jobs and workers’ and social rights profoundly contradict statements about maintaining the Stability and Growth Pact (which has been called ‘stupid’), including the toughening of sanctions against those countries with more vulnerable economies that have fallen victim to neoliberal policies, and the Euro Plus Pact.
The rapporteur and her political group also insist on acknowledging that the policies that they have supported and endorsed are the fundamental cause of the crisis, and that the creation of the single currency in the image of the German mark was based on false assumptions, which only served the interests of economic and financial groups in the strongest economies. If things continue like this, we will inevitably witness an even greater deterioration of the economic, social and political situation."@en1
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