Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-299"
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"en.20100707.23.3-299"2
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"This report is evidence of the good sense that prevails on at least one point: a debt crisis cannot be resolved by piling on more debts. However, the financial stability mechanism dreamt up by the Council and approved by this report makes the granting of new European loans subject to the implementation of economic and financial reforms based on the policies which created this crisis. This report is therefore absurd. Furthermore, it welcomes the austerity plans established and the proposals from the Commission on upstream supervision of national budgets and increased penalties for failure to apply the Stability and Growth Pact.
This report therefore proposes violating the sovereignty of the people and the nations. The role of parliamentarians is to defend the interests of the people, not those of failed elites. I am voting against this text."@en1
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