Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-228"

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"en.20100209.13.2-228"2
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"Madam President, for Greece, about which there is a great deal of talk, the problem is not just a problem of public finances. It is about the complete collapse of the model which has been applied over the last fifteen years and which wanted the Greek economy to be based on a constant increase and expansion in private consumption. Moreover, for years, some people have maintained that spending on arms is spending on development. As a percentage of GDP, SIPRI reports that Greece wastes 3.3%. This is the second highest percentage in NATO after the United States of America. It is the fifth biggest importer of arms in the world in absolute terms, with 4% of global trade. Of course, reductions in defence spending have been planned in the budget for 2010. The Ministry of National Defence has a budget of EUR 6 billion, down 6.63%. I wish we would see a change in the arms diplomacy that has brought us to this impasse. Greece has no colonies to exploit, but it does have staying power. We also need to activate European solidarity and to promote international initiatives on a global green new deal."@en1
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