Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-176-304"
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"en.20120612.15.2-176-304"2
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"By pouring money into ailing sectors left stranded by over-regulation and exacerbated by the perpetuated single currency crisis, the EU is effectively writing off an important Spanish industry. Given better flexibility to compete with countries able to manufacture at a much cheaper cost, I have no doubt the Spanish footwear market could flourish. It has a global reputation and is an industry Spain should fight to preserve. The EGF will do for unique industries what bail outs have done for Member States’ economies, which is to weaken their resolve and force them to subsume within a wider European ideology. I would rather see Brussels lift the restrictive and destructive regulation placing a stranglehold on business and allow Member States to leave the single currency than continue pumping liquidity from a centrally harvested fund in return for control."@en1
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