Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-034"
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"en.20100922.3.3-034"2
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"Mr President, it is very difficult to distil complex arguments down to one minute, but I did devote one sentence to saying sound public finances are very important. We agree absolutely with that, but it is the timing and method of approach that you adopt which is also crucial. If you do it far too quickly, as is being proposed – that we get back to the 3% deficit criteria by the end of 2013 – that could well cut off any possibility of growth and lead to long-term stagnation and high levels of continuing long-term unemployment. That is the wrong approach. We need a two-legged approach, not a one-legged approach which focuses only on deficit reduction."@en1
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