Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-119-000"
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"en.20120703.5.2-119-000"2
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"The analysis of the outcome of the European Council ought to start with the record unemployment rate across the European Union – 25 million unemployed, which is 2 million more than last year. The unemployment rate has passed the 11% mark for the first time since the euro area was established. We can talk about the anti-crisis strategy being successful only when the unemployment figures show a significant drop in the number of job-seekers. For us to judge the situation only based on the extremely capricious vagaries of the ‘markets’ would mean that we are deluding ourselves.
I regard as encouraging the agreement on the package of measures worth EUR 120 billion for stimulating economic growth and creating jobs throughout the EU. However, we need to see how this money will be allocated and what type of activities will be funded so as to achieve the maximum economic and social impact. Confidence in the ability of politics to resolve people’s problems is lower than ever. The rise of radical and extremist political movements is a reality, and I believe that the prospect ahead of us is not promising. We need to watch out that when the banks win, democracy does not lose."@en1
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