Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-043"
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"en.20100706.4.2-043"2
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"Mr President, the policies implemented by the EU institutions during the Spanish Presidency were disastrous for the working-class people of Europe. We saw an abject capitulation to the sharks in the financial markets, whereby predatory banks and hedge fund pirates were allowed to exercise more control over economic policy than supposedly solid governments. President Barroso and the EU Commission acted as the enforcer for these sharks in the markets, demanding cuts across the board in public spending and in services, and you too, Señor Zapatero, acted as an enforcer for the speculators in the markets. Instead of fighting them, as a real socialist party would do, you imposed savage cuts on the living standards of the Spanish people at their behest. We now have a social nightmare of mass unemployment and a tax on living standards across Europe. I salute the workers of Spain for fighting these cuts with strong strike action. Clearly, the capitalist system only contains more and more disasters as it goes into deeper crisis. We have to sweep it away and replace it with a socialist and democratic society that can really transform the lives of our people in Europe."@en1
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