Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-12-15-Speech-2-076-000"
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"en.20151215.3.2-076-000"2
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"Madam President, full economic and monetary union was the core of the original great plan rejected by the Member States at the design stage of the currency. At that point the project should have been scrapped. That it was not scrapped, that we had catastrophe in country after eurozone country after launch, with five bankrupted and most others with vastly increase debt-to-GDP ratios, that we now have EMU being eased through, begs the question: was this Plan B from the start?
Was that the thinking of those who have masterminded all this? The catastrophes in the likes of Ireland and Spain were accurately foretold as early as 1998 by such a renowned economist as Paul De Grauwe, and thus must also have been foreseen by those who were at the fore in pushing forward this currency union. Have we all been taken for a ride? Was all this pain, suffering and hardship – and even death – in Ireland, in Greece, in Portugal, Spain, Italy, Cyprus, foreseen, or even planned? I am against the EMU. The sooner Ireland gets out the better. This is meant to be a debate on the future of this Union. I, for the vast majority of this debate, was the only Irish MEP present. Where the hell is the democracy? It is dead."@en1
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