Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-029"

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"en.20100616.4.3-029"2
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"Madam President, Mr Schulz said that what is on the agenda at the meetings ahead of us is actually morality and solidarity. I totally agree with this. The question is: can we rely on those sitting around those meeting tables to actually promote morality and solidarity? I have serious doubts about that. We must not forget how this crisis was triggered. It was the market fundamentalists in the parties on the political right that are in power in many of our Member States and that are strong in this Parliament, the Commission and the Council who advocated an unregulated market. They worshipped it and they defended it. They are also the ones who have been the poorest at fulfilling the EU’s Stability and Growth Pact. They have large deficits and have been lax in keeping their economies in order. Nearly all of the EU’s Member States have done this. The largest have been the worst and they also have conservative governments. Who is paying the price now? It is the workers, the pensioners and the young people who cannot get a job. I am not sure that the result of these meetings, despite all the fine words, will lead to an approach to savings that will not mean that we immediately put ourselves in a situation where the recovery is ruined, but instead will mean that we are wise and think in terms of long-term results and of solidarity and that we also invest in something that will produce sustained growth. I will be watching closely to see if these fine words are actually put into effect."@en1
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