Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-025"

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"Presidents, Mr Leterme, you are assuming this responsibility at a time when the people of Europe are suffering terribly as a result of an unprecedented economic and social crisis. The time has therefore come to be bold, to take new, progressive initiatives to ease their pain, and to exit the crisis. You list a number of objectives, such as sustainable growth, the fight against poverty, and the environment, which we can share. Unfortunately, however, we predict that they will go unheeded, and, as I understood it, Mr Daul himself also had doubts about this, as the extreme austerity choices implemented in Europe contradict the stated objectives. There will not be any sustainable growth, recovery or fight against poverty if people’s purchasing power is not increased. To deal with this crisis, we must make a clear choice: that of justice and employment over the financial market; that of having a proactive policy aimed at human, sustainable and solidarity-based development. The fact is that the strengthening of the Stability and Growth Pact that you have just agreed with Mr Barroso places enormous pressure on workers, young people and retired people, and those States that do not implement it shall henceforth be threatened with sanctions, up to and including the withdrawal of their voting rights in the Council, which you preside over, and the withdrawal of certain aid funds. Should farmers, workers who have been laid off, the retired and civil servants be the ones to pay for a crisis for which they are not at all responsible? Mr President, will you search for new solutions, such as the tax on capital flows, which is so often mentioned, or a European tax on capital and financial revenue? We were somewhat hopeful that your Presidency would help to implement a new directive on services of general interest, but you have not spoken about this. As for SWIFT, this is not progress towards freedom; it is exactly the opposite. Instead of a stability pact that has become an austerity pact, would it not be better for Parliament, the Council and the Commission together to come up with a different solution: a new pact of social and ecological progress, backed by a European Central Bank with new tasks, to buy back the debt instruments of those States that need it and to refinance public credit at an interest rate, thus supporting employment, research, innovation and education, as well as a major European programme of useful and ecological infrastructure? The International Confederation of Trade Unions has put forward another comprehensive, work-centred plan, aimed at combating speculation and encouraging fair taxation. The European Trade Union Confederation is calling for action on 29 September in Brussels. I believe that this is where our solution lies, Mr President, and I wish you every success in your Presidency."@en1
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