Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-01-16-Speech-3-037-000"
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"en.20130116.4.3-037-000"2
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"Mr President, I want to say to the Taoiseach that I feel somewhat like the boy who had to point out that the emperor had no clothes. Thankfully the Taoiseach himself is not naked, but his Presidency slogan of ‘stability, jobs and growth’ is. Because there is no stability, there are no jobs, there is no real economic growth in Ireland or in Europe and your coordination of deep austerity across Europe will make the situation worse not better.
Working people right across Europe are being crucified in order to protect the bondholders. In Ireland, figures from Eurostat indicate that we are paying an incredible 42% of the total cost of the European banking crisis. But the government is reduced to begging for what are, relatively speaking, crumbs from the table of the European Central Bank on the promissory note. At the same time he will hand over EUR 26 billion to the bondholders this year.
Is it not time, Taoiseach, to say: ‘we cannot pay this debt, we should not pay this debt and we will not pay this debt’? Delivering stability, jobs and growth requires breaking with austerity and the dictatorship of the markets and, instead of funnelling these billions to the rich bondholders, investing increasing jobs and improving our society for the majority."@en1
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