Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-099-500"

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"en.20120613.6.3-099-500"2
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"As one country goes bust, calling to be rescued by the others, more and more economies are dragged deeper into the mire as they add repercussive economic impacts and bailouts onto the burden of national deficits. The Commission’s programme for more money to be sent to the centre, bound by tighter regulation, with the impetus of closer economic union, forces cash flow to be circulated around the eurozone pulling Member States into a maelstrom of economic destitution and political control. It is the concept of more Europe that has exacerbated, if not created, the entire crisis. If the EU’s reactions have been, as both President Barroso and Prime Minister Rajoy of Spain proclaimed, successful, then the crisis would surely be over. Yet the EU’s actions have been successful in forcing the European project along at a pace by furthering state capitalism. In the USSR, highly centralised government and economic policy inflicted poverty on millions of voiceless citizens. The echoes are chillingly familiar. The only difference is that the EU has not used tanks to subsume countries by force, but masterminded the use of subversive bureaucracy alongside the prolongation of the economic crisis."@en1
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