Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-411"

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"en.20100505.73.3-411"2
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"We are experiencing a serious situation. There is an obvious lack of solidarity of the European Union’s leaders – Germany’s in particular – regarding the agreement on Greece’s situation. Above all, they are taking political control of the country, whilst forcing the Greeks to regress decades in social terms. This calls into question all the principles that they have always proclaimed of social and economic cohesion, convergence, solidarity, and the so-called European social model. As is being well shown by the struggle of the workers and working classes in Greece, it is unacceptable to require the Greek Government to put their fundamental rights at risk. This is being imposed in exchange for a loan at a rate of interest higher than that of the International Monetary Fund itself. It seems there are no limits for the leaders of the euro area. They have gained from Greece’s fragility, and now they are imposing their imperial position of absolute domination of the country’s internal policies in exchange for a loan on which they will also gain from the interest. This decision must be changed at the next summit. The leaders must opt for a non-refundable grant from the Union’s budget, either on an extraordinary basis, or financed by future Union budgets. The richer countries in the euro area must adopt the principle of economic and social cohesion once and for all."@en1

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