Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-535"

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"en.20100615.31.2-535"2
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"Mr President, Commissioner, I have listened to your reply very carefully. I do not know if the twelve page memorandum which you mentioned includes a reply to one part of my fellow Member’s question, to be precise, the integration of new countries into the euro area and the prospects for such integration. I know – and you know – that the new member is Estonia. What we are seeing is that, in order for these countries to enter the euro area, harsh financial restructuring programmes are being applied, with the result that in Estonia today, drastic cuts in civil servants’ wages are being applied, unemployment has reached 20% and unemployment among young people is many times higher. My question is this: is this image of an ante-room to the euro area attractive? Is it reliable? Does it create preconditions for further viability?"@en1
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