Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-026-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-01"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the informal European Council meeting of 30 January 2012 (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20120201.12.3-026-000"2
lpv:hasSubsequent	lp_eu:2012-02-01-Speech-3-027-0002
lpv:speaker	lp:Lothar Bisky2
lpv:spokenAs	unknown; DIE LINKE. (2009-07-14--2013-08-13)3 member; Conference of Presidents (2009-07-14--2012-03-13)3 chair; EUL/NGL (2009-07-14--2012-03-13)3 vice-chair; CULT (2012-01-23--2013-08-13)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2013-08-13)3
lpv:translated text	". Mr President, ladies and gentlemen, the liberalisation of the financial markets has led to developments on the markets that have not yet been brought under control. Only radical measures to prevent speculation on the markets will be able to put a definitive stop to the crisis. Instead of this, with the adoption of the Fiscal Compact Treaty we are seeing a further increase in the one-sided focus on austerity policy and the destruction of social cohesion. My group is strongly opposed to this radical approach of debt reduction and cuts in public budgets. It has even been criticised by the International Monetary Fund. The financial guru George Soros says that this austerity policy has thrown Europe into a deflationary spiral of debt. The debt brake was laid down in the Treaty of Maastricht and its adoption in national law is now intended to force its implementation. If that does not happen, the Member States are to be penalised with the help of the Commission and the Court of Justice of the European Union. That is absurd, and it is also undemocratic, as the Member States will lose their most important right: their budgetary sovereignty. Furthermore, it is totally unacceptable for the aid that is used to show solidarity with Member States which are in difficulty to be made conditional on signing up to the Fiscal Compact Treaty. This sacrifices the most important fundamental principle of the European Union on the altar of the financial markets. The Left will work to bring about a reversal of this disastrous policy. We need a pact for sustainable growth and employment. We need public programmes for investment in the environment and education and, above all, we need the European Parliament and the citizens to have a say. The Treaty must be approved by referendum or by public consultation."@en1
lpv:unclassifiedMetadata	"(Applause)"1
lpv:videoURI	<go to Events_and_structure europarl>2

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