Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-23-Speech-2-136"

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"en.20011023.6.2-136"2
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". The Goebbels report sets itself the ambitious goal of how to make the international monetary system work better. But for whose benefit? We are entitled to ask this question, when the rapporteur believes that ‘the IMF is the only institution concerned about the smooth operation of the world economy’. The victims of its structural adjustment programmes will be delighted to hear this, and will not be particularly convinced by the request to the IMF to henceforth allow for ‘social aspects’. It is also significant that the report chooses to disregard any tax on speculative movements (Tobin style tax) and the need to abolish tax havens. However, I did not vote against the report, in order to support two specific requests, which we see as fundamental. We are in favour of eliminating third world debt and we therefore support cancelling the debt of the poorest countries and introducing a standstill procedure for the others. In this spirit, this procedure should not produce a restructuring plan, but should enable us to cancel an illegitimate debt. In spite of all these reservations, these proposals are heading in the right direction and I do not wish to stand in their way."@en1

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