Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-09-Speech-3-232-000"

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"en.20120509.23.3-232-000"2
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"Mr President, I hope that the Commission and the Council have taken note of the results of the French presidential elections and the Greek elections because they have become a real challenge to the economic orientation of the European Union. That is how it is perceived by a significant proportion of voters in the EU who do not understand how, at this time, the European Union is literally leading them to ruin, that is, to welfare values from the 1930s or 1940s. I therefore believe that this is the time, ladies and gentlemen, to urge the EU institutions to properly correct this economic orientation. It is unsustainable to have a single currency without a public treasury; it is unsustainable that the European Central Bank cannot control it; all that market deregulation entails is unsustainable and it is unsustainable that the European Union does not have strong instruments to intervene in the economy and to stimulate the economy in the face of the Stability Pact."@en1
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