Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-12-Speech-3-070-000"
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"en.20111012.14.3-070-000"2
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"Mr President, these are very difficult times, both for countries within the eurozone and for those outside it. For those of us who concentrate on the difficulties in the eurozone, I want to draw the attention of this House to my part of the United Kingdom and to the plight of construction workers and companies there who are suffering dreadfully because of the lack of liquidity in the market in the Republic of Ireland, and because they cannot service the debt that originates in the construction sector there.
I have spoken to Commissioner Rehn on this issue previously and yet I do not see much action that will actually help these people with their plight. I have not heard anything today that is really new or that will move this situation on significantly.
I want to end with two pieces of advice. Firstly, I do not believe that the Commission can actually resolve the eurozone debt crisis by a raid on the sovereignty of Member States and a financial transaction tax that would significantly affect the City of London. Secondly, with regard to Mr Cameron, I would point out that any Treaty change must be followed by a referendum in the United Kingdom."@en1
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