Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-215"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-02-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Difficult monetary, economic and social situation of Eurozone countries (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20100209.13.2-215"2
lpv:hasSubsequent	lp_eu:2010-02-09-Speech-2-2162
lpv:speaker	lp:José Manuel García-margallo Y Marfil2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2011-12-20)3 vice-chair; ECON (2009-07-16--2011-12-20)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2011-12-20)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 chair; Delegation for relations with the countries of the Andean Community (2009-09-16--2011-12-20)3 unknown; Partido Popular (2009-07-14--2011-12-20)3 member; Conference of Delegation Chairs (2009-09-16--2011-12-20)3 substitute; IMCO (2009-07-16--2011-12-20)3 member_of_the_bureau; EPP (2009-09-16--2011-12-20)3
lpv:translated text	"Madam President, we are here for the first time in the history of the euro to talk about the financial situation of a handful of countries. I am emphasising the word ‘countries’, because the Spanish Presidency sounded like it was talking about outer space, and Commissioner Almunia only mentioned Greece. I would like to know whether the Commissioner continues to maintain in his closing speech that the problems of Spain and Portugal are similar to those of Greece and if so, what he would do about it. However, we are here to talk about these financial situations because the finances of a few could ruin the credibility of the currency of all and open the door to a two-speed Europe. The gap could increase when the exit strategy referred to by the Spanish Presidency is implemented, because we could find that the less developed countries have to deal with monetary difficulties and harsher monetary policies and, more importantly, have to use much more money to pay off debts and much less money to create employment. Believe me, ladies and gentlemen, without a sustainable economy, it will be impossible to balance finances. Without employment, tax revenue will continue to fall and unemployment benefit payouts will continue to rise. We are facing a crisis of confidence, and when there is a crisis of confidence, the first thing we have to do is tell the truth. We have to say how we have ended up here. What are the affected countries doing to get themselves out of debt? Are the stability pacts credible or not? Above all, we need to know what they are doing to straighten out their economies, because as I said before, without sustained growth, there will not be a sustainable economy or sustainable finances."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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