Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-19-Speech-3-020-000"
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"en.20110119.4.3-020-000"2
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"Mr President, I did say a decade ago that you could not have Greece and Germany put together in the same monetary union and that it would not work. If you go back through history, you find that when people are put together in false currency unions, when governments think they know better than the markets, governments always lose.
You ask me what my solution is today. It is absolutely as plain as a pikestaff. Greece, Portugal and Ireland do not fit inside the euro. What we should be doing, what Mr Van Rompuy should be doing in order to give real leadership, is to be introducing a plan B and to allow these countries to go back to their own currency, to have competitive devaluations and to have a chance, because what we are doing with this policy is killing them off."@en1
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