Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-09-Speech-3-038-000"

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"Mr President, I would like to begin by thanking Parliament and yourself, Mr President, for paying tribute to our colleague, Miguel Portas, just a moment ago. The President paid a beautiful tribute to Europe, but the reality for the people is not the one that has been described. If European policies are not henceforth profoundly redirected, there are serious risks of the European Union imploding, with serious consequences for the people. The fast-track austerity applied to the people while wealth is monopolised by a privatising minority is not only unfair but it is, today, totally inefficient. We must therefore draw conclusions from it, and fast. It is important to take into account what has just happened in the last few days: the rejection of the austerity plan in the Romanian Parliament, then in the Netherlands, François Hollande’s victory in France, the defeat of all the pro-austerity parties in the local elections in Italy, Spain, the United Kingdom and Germany and lastly, the rejection of austerity in Greece. We must respect the Greek people’s vote, seek a new path with the left and abandon the Troika’s memorandum. We cannot accept Mr Sarkozy and Ms Merkel’s fiscal austerity treaty. Furthermore, the addition of a so-called ‘growth’ protocol is totally antagonistic to the treaty itself. We must therefore abandon it and seek another path. We must invent it, invent a new pact for human, social and ecological development, with a special financial fund, with a new role for the European Central Bank, which should provide loans for development, in other words, to improve purchasing power, creating and securing employment, innovation, research, the creation of new public services and ecological developments in our continent. There, we have a completely different future which can be achieved. The European Investment Bank, whose capital should also be increased, a new use for Structural Funds, a tax on financial transactions and a harmonised tax on capital would be levers for such a human development fund to which we could add the monetary creation of the European Central Bank for states and not for banks. Instead of competition, let us draw up a European minimum salary and minimum wage, as well as an action plan against poverty. At the same time, it would be wise to declare a moratorium on part of the past debts and to ask the European Central Bank to lend directly to Members States at a rate of 1%. In this regard, I should like the Commission and the Council to draft a report on the use of the EUR 1 000 billion that the European Central Bank has lent to private banks. Lastly, faced with the seriousness of the situation and the threats that exist, I propose that Parliament take the initiative of a broad European forum with all the national parliaments, economic and social committees, trade unions and associations to move towards a complete reform of the European Union."@en1
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