Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-075-000"

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"en.20120118.5.3-075-000"2
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"Mr President, Prime Minister, I wish your Presidency every success. Of course, the six-month revolving Presidency is highly symbolic of the democratic functioning of the European Union. However, it does not leave any margin to exert any substantial influence over events. The six-month Danish Presidency will be a turning point for the future of Europe and its citizens. The Union institutions have clearly been replaced by informal governance which has not been a success. We trust that the new President, Mr Schulz, whom we elected yesterday, will try to reverse this situation. Greece, Prime Minister, is proof of the failure of Europe’s economic policy, followed by Italy and all the other countries in the South. Austerity has failed, unemployment has taken off, deficits have increased, the recession has taken on gigantic proportions and we have ultimately fallen into a state of local entrapment. You must take measures to improve the situation."@en1
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