Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-035"
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"en.20090311.3.3-035"2
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"Mr President, ladies and gentlemen, it is in this time of crisis that the value and usefulness of structures will be shown, and this crisis is showing us that the Europe of Brussels is no use at all. The recovery plan, pompously termed ‘European’, is, in fact, the sum of the finances decided on by the Member States. The contribution from the European budget accounts for only a very small part of it.
Whilst EUR 200 billion is being given to support the real economy and jobs, EUR 2 billion of it is going to the banks, with no guarantee that they will use the money to finance companies and private individuals. Privatised profits, public ownership of losses: this is the latest word from these economic policies, be they liberal or socialist.
Is it a case of European solidarity or support for the States? The participants of the informal summit of 1 March collectively rejected conditionality for aid given to the automotive sector, for the sake of the market and of competition. There has been no change in policy, no change in logic, and no break with the system that led us to catastrophe! We are on the edge of the precipice and, in a few days’ time, the Heads of State and Government are going to ask us to take a great leap forward."@en1
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