Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-473-000"

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"en.20120613.28.3-473-000"2
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"Mr President, Commissioner, the natural dynamic of free competition within the single market accentuates its divergence. Once placed in direct competition, economies with very different development levels inevitably diverge, unless there are mechanisms for protecting and safeguarding the weaker economies. The stronger economies are increasingly dominating the weaker ones: that has been the story of this integration process. Take a serious look at this and you will see some of the true causes of several peripheral countries’ debt levels. Now they want to deepen the single market and they want to do so by simultaneously cutting the EU budget and cohesion funding – the very instrument that could help to overcome some of the existing inequalities – because of pressure from the very countries benefiting most from the single market. There can only be one outcome: more divergence and more inequality between Member States; in other words, cohesion will increasingly and solely be a dead letter in the Treaties."@en1
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