Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-04-16-Speech-2-095-000"
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"en.20130416.7.2-095-000"2
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"Mr President, if we want to know where we are going, we need to remember where we came from. One of the problems, I find, is that we do not tell people about the divided history of Europe and what it led to. I know, for example, a man in his early thirties from Lithuania who knows absolutely nothing about the Berlin Wall.
We have allowed the agenda to be taken over by the word ‘austerity’ instead of using the word ‘consolidation’ and telling people that we need stability. Above all, we have refused – and failed – to give hope. I do not mean false hope, but we keep telling people what we are doing and we do not tell people why we are doing it.
For a long time, people did not believe that the European Central Bank had the firepower to defend the currency. It has made it clear that it has. We have got to make it clear, for example, that the European Investment Bank will be used, if necessary, as our vehicle to give hope, to give stimulus. We do not just need stability, we need stimulus, and it is time to turn to stimulus. The stability situation seems to me to be well in control.
In relation to the situation we find ourselves in, we had a situation where, with the fall of the Berlin Wall, we were to have a Germanic Europe or European Germany, and a decision had to be made quickly about the currency. We now have had to put in the foundations we were not able to put in then. Banking supervision and the recapitalisation of banks should be the last steps in that.
Let us now turn to stimulus. We need stimulus. The European Investment Bank could be the vehicle for that."@en1
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