Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-074-000"

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"Mr President, ladies and gentlemen, it is simply grotesque. The wrong European monetary policy produces a crisis, and the 19th crisis Council then decides that the solution to the crisis is more Europe. That means that an incorrect policy is now, so to speak, to be further institutionalised by a fiscal union, an economic union, a political union, a kind of remodelled EUSSR. All of this is down to the paper from this gang of four which is preparing a cold coup and wants to be a crisis profiteer, namely, a political profiteer from the current crisis. Tell me what solidarity is supposed to mean in the European currency area. Solidarity means transferring prosperity from the countries with a positive balance to those countries that cannot manage to balance their budgets. Tell that to the people, and then we will see what the people say about it. If you want democratic legitimisation, these people will tell you that they reject it, because they are not prepared to accept the liability for banks and their speculative activities. The pact for growth and employment is a mishmash of slogans – slogans and catchphrases that have been heard from summits plenty of times before. Neither I, nor other people in Europe, therefore have any confidence that you will solve this crisis."@en1
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