Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-03-11-Speech-2-092-000"
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"en.20140311.7.2-092-000"2
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"Mr President, I am not an EU enthusiast at all, and I can see even less justification for the EU to facilitate investment in countries beyond its borders. In the case of countries in Eastern Europe, I suppose it can be seen as a bribe to lure them into becoming candidate countries and surrendering their sovereignty. North African countries, of course, are not eligible to be members, at least under present rules, but their receipt of investment is a sign that the EU is not so much a European Union as a global union in waiting.
There will undoubtedly be people in the still-crisis-ridden states of the South who wonder why all such available money is not being invested there. The answer might be that investment will be less effective in those countries when expansion is constrained by a currency that is overvalued for their economies. Indeed, withdrawal from the eurozone for those countries would be a prerequisite for effective investment."@en1
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