Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-430-000"
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"en.20120522.18.2-430-000"2
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"Mr President, listening to all this talk of growth, not just here but elsewhere, we could ask ourselves whether anyone is ever going to finally wake up and realise that this obsession with brutal budget austerity is never going to get Europe out of the crisis. Tomorrow’s informal Council should be an unmissable opportunity, an opportunity to steer European policy in the direction desired for a long time by certain Heads of State or Government, joined now by the new French President.
We need fiscal discipline, to bring the debt under control, but at a pace of adjustment that does not create chaos for our economies and people. We need to give the European Investment Bank (EIB) and the European Central Bank (ECB) more powers to act. We need stimulus through targeted investments, through national budgets, but also by strengthening the EU budget, through household spending, allocating more resources to those who spend, guaranteed employment and training for young people, and increased social welfare payments. It is through increased solidarity that we will get out of this crisis."@en1
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