Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-023"

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"Mr President, I would like to make a point on the situation in those Member States that are not members of the eurozone but which still share the same preoccupation. Political leaders in our countries have been selling the idea that EU membership should be seen as a guarantee against hard economic times, but reality has now proven differently. The euro is constantly attacked from all sides despite all the efforts made, and we all know that fresh money is only a quick fix for a much deeper problem. This is an exceptionally serious situation and we need exceptional answers. Let us face it; there is no escape from deeper economic integration and this therefore implies closer political union. Because this imbalance leads to daunting divergences between Member States, and to ensure financial discipline at European level, we need good governance, sanctions and compliance mechanisms. We need to find ways to encourage investment, attract capital and boldly cut bureaucratic expenses. We need to see intelligent measures taken by governments. In Romania, for example, the government is cutting pensions and salaries instead of reducing bureaucratic expenses or money for political clients. We have in Romania more employees of secret services than the FBI has but, instead of cutting here, we are cutting doctors and teachers. I strongly encourage the Commission to stand by the proposed measures and not to give up under Member States’ pressure, because only a few can be seen as examples these days."@en1
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