Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-242"

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"en.20100209.13.2-242"2
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"The campaign unleashed as a result of the situation in Greece, which some people are now trying to extend to other countries, is despicable and reveals the true objectives of its principal protagonists, amongst which should be included the European Commission itself and some of the principal economic powers of the EU. The pressure being exerted on countries such as Greece, Portugal and Spain to fight their deficits cannot be disentangled from the interests of speculative financial capital and its aim of engaging in a turf war for the euro against the dollar. It is these interests that are being defended, even at the cost of the interests of the people in those countries. Several questions arise: What objective reasons exist for us to have to reach 2013 with deficits of less than 3% (regardless of what may happen in terms of economic growth)? What is the point of an economic and monetary union which does not implement any policy of solidarity and cohesion? If the ECB can regularly lend money to national banks at rates much lower than those which exist in international markets, why can it not do so to governments? Why has there been no creation of instruments which might allow those countries in greater difficulty to obtain financing at rates which are lower and closer to those obtained by other countries?"@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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