Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-033"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-05-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Outcome of the summit of 7 May 2010 and the ECOFIN meeting - What is the political relevance of the EU 2020 strategy in the context of the current financial and economic crisis? - Consequences of the financial and economic crisis on the EU 2020 strategy and its governance - What is the relevance of the EU 2020 strategy in the framework of the current financial and economic crisis? (debate)2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20100519.3.3-033"2
lpv:hasSubsequent	lp_eu:2010-05-19-Speech-3-0342
lpv:speaker	lp:Peter van Dalen2
lpv:spokenAs	substitute; ENVI (2009-07-21--2012-01-18)3 substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 vice-chair; TRAN (2009-07-20--2012-01-18)3 substitute; EMPL (2009-11-10--2012-01-18)3 member_of_the_bureau; PECH (2009-07-16--2014-06-30)3 unknown; ChristenUnie (2009-12-11--2014-06-30)3 member; Delegation for relations with India (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, it is to be feared that the support package for Greece will not work. After all, no country in the world has ever managed to reduce a 14% budget deficit to 3% in three years. Greece will be no different. There is a great deal of opposition in Greece to the austerity measures, and so it is highly likely that the country will be sucked into a negative growth spiral, with sharply declining consumer spending even though an increase in that spending is actually needed to pay off the loans plus interest. Therefore, Athens will sound the alarm again at some point, saying, ‘we are not managing to pay it off’. There is a good chance that Europe will then write off the loans, with the familiar words, ‘we have no choice; we need to prevent worse happening’. Mr President, the lesson to be learned from this crisis is: be honest and keep your word. The countries of the euro area must put their budgets in order, publish honest figures, comply with the requirements of the Stability and Growth Pact and purge their debts. Countries failing to do those things must leave the euro area."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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