Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-11-26-Speech-3-121-000"
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"en.20141126.17.3-121-000"2
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"Madam President, when I was a teenager travelling in the Warsaw Pact countries in the 1980s, I came across a very eerie phrase that people used to use and which some colleagues from those countries may remember. It was ‘the gap between what is said and what is’. We used to think it a characteristic of totalitarian regimes, but what a wonderful description it is of the whole lamentable euro project also. The thing was built on a fraud in the first place, as countries falsified their statistics in order to qualify, and it was then sold to the people in an act of even greater fraud, as we were told that it would add 1% to the GDP of all participating states every year in perpetuity. The worse of it is that the lies are continuing. Even now, in this Chamber we are assured, over and over again, that the debt crisis had nothing to do with the euro and that the economic crisis is unrelated to monetary union. The new President of the Commission, Mr Juncker, stood in front of us at a recent session and said that the euro had been a shelter in the economic storm. My friends, unless we get the diagnosis right, we will never get the prescription right. We are not only deceiving our constituents; much more seriously, we are deceiving ourselves."@en1
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