Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-242-750"

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"en.20110928.19.3-242-750"2
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"This report acknowledges some of the difficulties and mistakes made during the first decade of the functioning of the Economic and Monetary Union. However, having done so it then forges blindly ahead, calling for a ‘more robust’ framework for surveillance by the Commission and Council of the same economic policies that are at the root of these errors and difficulties. Meanwhile, it adds that such policies should have a ‘particular focus upon development and strengthening of the internal market’. This means they want more neoliberal policies, more privatisations, more divergence- and inequality-generating free competition, and more policies that favour the strongest over the weakest. In other words, it ends up calling for the same type of monetarist and neoliberal policies, further tightening the veritable stranglehold imposed on the Member States, without a care for the causes of the problems, or for alternative policies that would take into account economies’ different levels of development. It also calls for the payment of fines by Member States that do not meet the requirements imposed on them by the enhanced Stability and Growth Pact. As with the other legislative texts of the so-called economic governance package, we also voted against this report."@en1

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