Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-25-Speech-4-022"
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"en.20100325.3.4-022"2
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"Mr President, 25 March is the birthday of both Europe and Greece. On 25 March 1957, the European Union was born under the Treaty of Rome. On 25 March 1821, Greece was born.
Today, on their birthday, Europe and Greece are being tested; Europe on cohesion and Greece on its economy. Everyone in this House knows that, of the 15 countries in the euro area, 6 have high public debts and financial deficits. Everyone in this House knows that all 30 countries which belong to the OECD have debt of over 100% of GDP and 30% higher than in 2008. Even the United States of America is trying, in this huge economic crisis we are experiencing, to resolve its problems primarily by printing money.
We also know that Greece has introduced severe austerity measures to the point at which it has exhausted its citizens. Many people will say it serves Greece right and it should pay for its mistakes. Yes, certain people must be called to account for this. However, we must not forget that Greece imports EUR 15 billion more products from other European countries, especially Germany, than it exports.
I would therefore ask the leaders of the European Union to bear in mind that addressing speculation will create a geopolitical situation in the wider policy."@en1
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