Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-02-24-Speech-1-177-000"

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"en.20160224.14.1-177-000"2
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"Madam President, so we reach this point every year, the moment when supporters of the eurozone predict that happier days are just around the corner – strong growth, major job creation, all the things that never actually come to pass. Euro supporters talk about the potential of further structural reforms, and almost everyone agrees with Mr Draghi about the euro being a success. That is, of course, a complete load of rubbish. The euro area has barely grown at all in the relatively benign conditions of the past year. Take things back to the euro’s inception: an index placing economies at 100 back in the first quarter of 1999 would have just crawled to 123 for the eurozone 17 years later. Even in the UK, where we have had our share of stops and starts, we have reached 137 in the same timeframe. Your politically-inspired currency does not work and as a result many of your young people do not work either. That is not going to change until you put the euro out of its misery."@en1
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