Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-080-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-11-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Economic governance2
dcterms:Language	"sk"^^xsd:language2
lpv:document identification number	"en.20111116.5.3-080-000"2
lpv:hasSubsequent	lp_eu:2011-11-16-Speech-3-081-0002
lpv:speaker	lp:Vladimír Maňka2
lpv:spokenAs	member; BUDG (2009-07-16--2012-01-18)3 unknown; SMER-Sociálna demokracia (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Korean Peninsula (2009-09-17--2014-06-30)3 substitute; ITRE (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3
lpv:translated text	"We all agree that imbalances must be eliminated and we must stop getting deeper into debt. On the other hand, we have to prevent Europe from falling into the same situation as fourteen years ago with the Far Eastern crisis, which slowly engulfed one state after another. A policy of cutbacks in one country would not only slow that country down economically, but would have a knock-on effect on the others. A policy of excessive cutbacks is also an infection that could bring down a country’s immediate neighbours and drag down others. This would be untenable without measures to stimulate growth. It is very important to make maximum use of the European funds. If we use them according to plan, we would have 2% higher economic growth, 1% higher employment and 1% greater labour productivity in the new Member States"@en1

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