Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-176-000"

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"en.20120613.24.3-176-000"2
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"Madam President, a monetary union made up of 17 different societies is doomed to fail. That is exactly what we now see happening. Financially well-functioning countries, such as the Netherlands, Germany and Finland, are paying for complete mismanagement, corruption and self-enrichment from the southern Member States. The Netherlands should leave the euro immediately and introduce its own currency next Friday, after the markets close. Such a currency would have to be pegged one-to-one to the euro until the following Monday morning, after which we should be looking for a more stable currency to peg it to. Transferable transactions could then immediately be pegged to pound sterling or the US dollar. Anything is better than the euro. Monetary sovereignty is of national interest for the northern Member States if we do not want to keep paying the southern Member States’ debts until the end of time."@en1
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