Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-069-000"
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"en.20120215.4.3-069-000"2
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"The budget consolidation must be based on the objectives of the Europe 2020 strategy. Since the beginning of the crisis, it has been clear that, in focusing on economic consolidation, the Commission and the Member States have forgotten that only balanced and socially just reforms will bring about sustainable growth. Unilateral austerity measures and cuts in social security funding will not result in a stable economy and good, secure jobs in the long term. Sensible tax policies must be introduced to increase revenue. The focus of our efforts this year must be on creating more jobs and combating youth unemployment and poverty. It is completely incomprehensible to me that the Group of the European People’s Party (Christian Democrats) has prevented Member States with a current account surplus from being required to help put an end to the recession and create jobs. This would have been a step towards a single European economic policy. The conservatives should finally understand that national egoism will only intensify the crisis."@en1
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