Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-05-10-Speech-2-673-000"
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"en.20160510.33.2-673-000"2
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"Madam President, following nearly two decades of reform, a programme of investment and infrastructure, the establishment of a sustainable social security system and the development of a sovereign wealth fund, the economy continues to grow. This is the story that Venezuela should have been able to boast about, but unfortunately the reality today is dramatically different. As supermarket shelves lie empty, a two-day week for the public sector workers has been imposed to conserve energy and government hand-outs grind to a halt, the situation in Venezuela is dire. In this respect, Venezuela has become a poster child for the populist, corrupt, crony, socialist ideology of Mr Chávez. Hugo Chávez’s mix of government giveaways and bloating of the public sector in a bid to cling to power for nearly two decades, whilst enriching himself and those around him, has clearly been an unmitigated disaster for that South American country.
Today, we catch on as a successor Maduro seeks to build on that legacy, only this time lacking both the oil market high prices and the charisma. As is only inevitable, economic crises are leading to political crisis, and with increasing calls now for Maduro to go, the country appears to be heading in a disastrous direction. Only this week, we saw the assassination of the opposition UNT leader German Mavare. As this all unfolds, it is difficult not to look at neighbouring Colombia and reflect on the economic and security achievements of that democracy, seen there without the high oil price advantages afforded to Venezuela. It is now time for a new democratic model for Venezuela and a new approach. Venezuela deserves better than the ghastly Chávez legacy."@en1
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