Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-08-Speech-1-119"
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"en.20100208.14.1-119"2
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"Mr President, discussing tax cooperation during the current euro crisis is rearranging deck chairs on the
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The southern nations are known in English by the harsh acronym PIGS (Portugal, Italy, Greece, and Spain). However, those being crucified on the euro are not pigs but people, scourged by utopian one-size-fits-all dogma. Their economies will either die of a thousand cuts or be bailed out, to the ruin of taxpayers in Britain and elsewhere. There will be very little tax to cooperate over.
There are two ways out: either abolish the euro and return to the captive nations of this Strawberry Soviet their own currencies, or expel the ‘problem countries’ from the euro. That might be the PIGS. More justly, it would be Germany and her French collaborator, because running the euro according to German interests is the root of this shambles.
This endless crisis will destroy the federal project – tax cooperation and all. The tragedy is that it will grind so many innocent victims into poverty before it does so."@en1
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