Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-034"

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"Firstly, with regard to fees applicable to banks and financial transactions, I must say that I would prefer there to be less talk and much more bargaining power, as we have already seen what the result of the G20 will be: we will be pioneers, but without any results. Secondly, I would like to say something about the economic policies. How can this Council say that it wants to reduce poverty in Europe at a time when, all over the world, national budgets are being based on policies to make drastic cuts in public investment and social spending? This is the real problem. How can we sustain the need for sustainable growth if all national governments are steered by a single objective – to reduce wages and increase more unfair taxes, particularly VAT? This is why we have a problem with the Council. The Council is like the Vatican, as described by the Portuguese writer José Saramago: it is orthodox; it forgets nothing but learns nothing. Therefore, I must ask one last question about the obsession with national budgets and their prior approval. Then there is something that Mr Van Rompuy said, alluding to the idea of preventative sanctions in national budgetary policy. What does this mean? What does it actually tell us? This is just a symphony of vuvuzelas, a terrible cacophony."@en1
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