Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-250-000"

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"en.20121023.16.2-250-000"2
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"Madam President, the Commission’s priorities are directed towards greater integration as an end in itself and not towards measures that will solve the real economic problems facing the populations of Europe. The greatest of course is the recession, with its unemployment and under-employment, squeezed incomes and reduced benefits. Indeed, the austerity programme is calculated to produce unemployment and not to combat it. One policy area mentioned is genuine economic and monetary union: the euro, with its common external value that is hideously overvalued for the countries of the South, and which is aggravating and perpetuating the recession for them. Another Commission priority is said to be to use EU resources to improve competitiveness. Well, countries with overvalued currencies cannot compete even with other countries in their region. The EU’s embrace of globalism means that European manufacturers have to compete with emergent economies with pirated designs, workers on artificially depressed wages and slave-labour conditions."@en1
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