Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-312"

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"en.20100519.22.3-312"2
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"Mr President, the financial support package that was presented almost two weeks ago was a necessity, but not a solution to the problems that Europe is facing. Now there is a need for action, for decisions and for restored confidence in public finances. I would say that we need to discuss the 2020 strategy, but we need even more a 2010 strategy, describing the action that needs to be taken now in order to restore growth, reduce deficits and create optimism. But there will be none of the growth which is needed without restored confidence in public finances. On this point, the Socialists are failing. They are defending the same policies that led to the deficits and the crisis of Greece, Spain and Portugal and other countries. The rapporteur, Mr Hoang Ngoc, is saying that we should prolong those policies and that we should wait before reducing the deficits. Mrs Ulvskog from Sweden proposes increased spending. The Socialists have become a threat to prosperity, recovery and the new jobs that Europe needs. I can assure you that, where Socialists fail, we in the EPP will stand up for the action needing to be taken – reduced deficits, restored confidence and the reforms for growth and new jobs. That is what Europe will need, and we will stand there and take the tough decisions and take the responsibilities where others fail."@en1
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