Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-237"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-02-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Difficult monetary, economic and social situation of Eurozone countries (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20100209.13.2-237"2
lpv:hasSubsequent	lp_eu:2010-02-09-Speech-2-2382
lpv:speaker	lp:Krišjānis Kariņš2
lpv:spokenAs	substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Jaunais laiks (2009-07-14--2013-03-24)3 member; ITRE (2009-07-16--2012-01-18)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3
lpv:translated text	"Madam President, the attacks by speculators on Greece, Spain or Portugal are not the cause of the problem, but its consequence. We know too well that no family can long afford to spend more money than it earns. The result is bankruptcy. The same applies to governments. No government can long afford to spend more money than it collects in tax revenues. The result is either bankruptcy for the government, or, as we are currently experiencing, attacks on the currency by speculators. What these countries have to do is what Latvia, which was affected by the crisis as long as a year ago, nearly a year and a half in fact, has done. That is, to reduce their government spending drastically by so-called internal devaluation. I would suggest that the Greek Government take advice from the Latvian Government on how such decisions may be made. They must be made, and they already have been made in Europe in the past. Thank you."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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