Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-037-000"
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"en.20120201.12.3-037-000"2
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"Mr President, jobs and growth have made it to the top of the agenda and action needs to follow. The other issue that has made the top of the agenda is the crisis for youth, but it is more than the fact that we just have devastatingly high numbers of young jobless. The ECB liquidity operations may have lifted the mood, but we should not be deceived. Potentially 2 trillion plus being sucked up by the banking system by next June should tell us that some kind of transfer already is going on. The question is: will this generation face up to it or foist it, along with joblessness, on to the younger generation? They face no jobs, no home ownership, and a financial system stuffed with the bonds of this generation’s failure.
And for those who try to lay the blame on the EBA for its bank stress tests, I would like to remind Member States that the deal was a combination of stress tests and firewall, and it is the constant delay in the firewalls that has made matters worse – among, of course, a few other delays."@en1
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