Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-126-000"

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"en.20110706.3.3-126-000"2
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"Mr President, once when I was a child, I had a running race with two friends, which I won. One of my friends found all sorts of excuses for why he had lost – the sun was in his eyes, his foot slipped and so on. My other friend admitted that he lost simply because he ran slowly. This report from the Special Committee on the Financial, Economic and Social Crisis is a little like my first friend, blaming our misfortunes on all sorts of factors – rating agencies, an insufficient federal budget, etc. However, in reality, our problems are fairly simple and there are only two — the lack of competition at the European level, and excessively large budget deficits. If we succeed in overcoming the lack of competition, strengthen the common Single Market, and solve the issue of Member States’ excessive budget deficits, then we shall be able to solve Europe’s problems."@en1
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