Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-262-625"
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"en.20110928.19.3-262-625"2
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"−
This report is an integral part of the so-called economic governance package. Like the others that formed part of this package, we voted against this report.
It is not enough to identify macroeconomic imbalances in the Member States if there are no alternative EU policies based on convergence and economic and social cohesion to rectify the imbalances. Moreover, in identifying the imbalances it is essential to state their causes. From the Group of the European People’s Party (Christian Democrats) to the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, they have always been unable to do this. In particular, they should acknowledge 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. That is the fundamental cause of the exacerbation of the crises in the weakest economies.
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 Plus Pact, but prefer to impose broader demands and tougher penalties on countries with weakest economies and their people, which have fallen victim to neoliberal policies."@en1
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