Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-02-01-Speech-1-058-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20160201.9.1-058-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, Mr Draghi says his policy is working, but under-performance in the euro area is only out of the spotlight because of catastrophe in the Schengen area. The truth is that both these pillars of European integration face collapse. The Schengen breakdown currently produces more shocking pictures on the TV news, but the euro malfunction is also having devastating consequences. Youth unemployment rates of 40% or more in the southern periphery and long-term stagnation are destroying human potential. The ECB report speaks of structural reforms and, yes, these are sorely needed to improve southern productivity; but even if successfully implemented, they will only go a small way to correct imbalances created by fundamental differences in economic strength. Each country needs its own currency so that it has levers of control over interest rates and influence on exchange rates too, just as each country needs to control its own borders."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata | |
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples