Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-353"

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"Mr President, before speaking about the 2020 strategy, an answer is needed, I believe, to certain points made earlier by one or two members about the position of the Greek centre-right party on the support mechanism for the Greek economy. We need to clarify certain points. Our party has never opposed the European support mechanism for Greece. Our party simply had a perception of the measures that should have been applied. The measures which are now being applied will certainly cause a deep recession and stagflation and the government decided on these measures itself, without any prior information or agreement with the other political parties in Greece and Greek society. The majority in government refused any prior agreement which might have resulted in broad and necessary political and social assent. I repeat, the New Democracy party did not oppose the European support mechanism of the European Union and the International Monetary Fund. We respect our partners’ every last euro and we thank them for their support. That is why we responsibly supported a different, more effective policy mix. We support the need for strict financial discipline and a growth policy, so that Greece can break out of the vicious circle of deep recession and galloping inflation, with disastrous consequences for Greek society and the economy and, ultimately, a negative impact on Europe. As regards our debate on the economic crisis and the 2020 strategy, I believe that the time has come for specific acts and tangible results. Enough talk. That is the point of my speech. Keep it simple. The euro is an historic success of European integration and we should defend and rescue it. That is why we need strong financial and economic governance because, without this 2020 strategy, it is at risk of failure and of following the precedent set by the Lisbon Strategy."@en1
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