Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-428-999"

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". The day before a major summit on the future of economic and monetary union, I met with my colleagues to put forward the case for a social pact. It is all too clear that austerity policies alone have not been effective at solving the major endemic crisis we have been battling for several years now. Together with the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, I am calling for solutions that do not just focus on ‘saving the banks’, but take into account the need to preserve the European social model and prioritise employment and training for young people. Moreover, the European Parliament must be closely involved in these reforms as the voice of the European people and national parliaments. The Heads of State or Government in the Council have to realise that if they want the European people to be behind these economic reforms, measures have to be subjected to democratic scrutiny. This is vital for the democratic legitimacy of the process."@en1

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