Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-062-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-04-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (24-25 March 2011) (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20110405.3.2-062-000"2
lpv:hasSubsequent	lp_eu:2011-04-05-Speech-2-063-0002
lpv:speaker	lp:Krišjānis Kariņš2
lpv:spokenAs	substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3,3 unknown; Jaunais laiks (2009-07-14--2013-03-24)3,3 member; ITRE (2009-07-16--2012-01-18)3,3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3,3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3,3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3,3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3,3 substitute; ECON (2009-07-16--2012-01-18)3,3
lpv:translated text	"Madam President, ladies and gentlemen, I believe that we must draw a clear dividing line between the past and the future. As far as the past is concerned, I should say that a separate solution must be found for the particular cases of Greece and Ireland. I believe that we must allow those losses to be written off by means of a structured plan, so that these societies may get back onto their feet. It is not correct to continue punishing the taxpayers in these countries for mistakes in fact made by the private sector, specifically by the banks. As far as the future is concerned, we must look to what after all is our goal for Europe. That goal is to secure stable growth. However, in order to secure stable growth, the necessary means, and this is also what is being discussed at the Council, is to secure low levels of government debt. What will low or little government debt ensure? It will ensure the confidence of the financial markets in these countries, which will in turn ensure low interest rates, so that businesses in those countries may again recover and develop. When businesses develop, investment will follow. With investment will come jobs, which are essential for us in Europe. This process, namely reducing government expenditure, so that the level of debt is low, does not, moreover, exclude investment. Several members have mentioned that investment is essential, that we cannot, as they say, ‘save ourselves out’ of this crisis, that we must invest. I can specifically cite the example of my country, Latvia, which has not only taken significant savings measures in the last two years, but this year, in 2011, has allocated one third of the national budget to public-sector investment. It is therefore possible. We have to go down this road in the future, to avoid arriving where we have arrived today. Thank you for your attention."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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