Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-18-Speech-4-133"

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"en.20000518.4.4-133"2
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"The legislative proposal of the European Parliament merely accepts the proposal by the Commission of the European Union, which confines itself to finding that “Greece fulfils the necessary conditions for the adoption of the single currency. The derogation of Greece is abrogated with effect from 1 January 2000”. On the surface, Greece does indeed meet the budgetary and monetary indicators required for EMU. To this extent, and taking account of the position of my party (the Coalition of the Left and Progress), in favour of Greece’s accession to Economic and Monetary Union, I have voted in favour. Personally, however, I have strong objections to and reservations about the policies of EMU, which tie the Member States into rigid budgetary austerity, rising unemployment, worsening social conflict and unbridled competition, without being able to offer a strong European currency which is able to stand up to the dollar worldwide. I am also totally opposed to the way in which the Greek government has achieved our accession to EMU, pursuing nominal rather than convergence, making Greece one of the countries of the Union with the highest rates of unemployment and continually selling off the state’s assets in order to cover treasury deficits. Unfortunately, these policies will not end when we accede to EMU; on the contrary, they will be institutionalised, consolidated and set in stone. The Left and Progressive Forces of the Member States of EMU must extend their collaboration so that they can radically reform the way in which EMU is structured and so that priority can be given to social criteria and promoting the fight against unemployment, real convergence policies and viable and fair development policies."@en1
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