Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-417-000"

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"en.20110623.37.4-417-000"2
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"This report is part of the package of six pieces of legislation on economic governance and reveals the contradictions that exist in the European Union. The fact is that it is not enough to identify macroeconomic imbalances in the Member States if there are no alternative EU policies based on solidarity and economic and social cohesion to remedy the imbalances. It is not enough, therefore, to make declarations of good intentions about protecting jobs and workers’ and social rights if, afterwards, they do not put an end to the Stability and Growth Pact and the Euro Pact, replacing them with a genuine Progress and Social Development Pact, but prefer to impose broader demands and tougher sanctions on countries and peoples that have fallen victim to neoliberal policies. Until Europe’s leaders acknowledge that their policies are the fundamental cause of the crises that persist, we will witness a deterioration of the economic, social and political situation, which will inevitably cause further social tension and more conflicts, with unforeseeable consequences. That will happen until they recognise 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 powerful economic and financial groups, and that that is the fundamental cause of the exacerbation of the crises …"@en1
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