Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-233"
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"en.20081118.26.2-233"2
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".
We all voted against this report which deifies the Stability Pact, fails to see the consequences of the current serious economic and social situation, ignores the worsening social and regional inequalities and forgets the rise in unemployment and poverty.
It is unacceptable that this report insists on the false independence of the European Central Bank, instead of defending its democratic scrutiny and the alteration of its objectives to take account of the need to concentrate on production, creation of employment with rights and improvement of people’s purchasing power, particularly among workers and pensioners.
Regrettably, the proposals tabled by our Group were rejected, specifically those criticising the fiscal and competition policies and drawing attention to the growth in job insecurity and low pay and to the consequences of deregulation and liberalisation.
It is also regrettable that our proposal to repeal the Stability Pact and replace it with a new Strategy for Solidarity, Development and Social Progress was rejected."@en1
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