Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-08-Speech-3-029"

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"en.20100908.3.3-029"2
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"Madam President, the decisions made yesterday by the Ecofin Council are unacceptable. While speculators continue to help themselves to scandalous salaries and effective taxation of financial transactions remains elusive, with tax havens flourishing, they have seized the opportunity provided by the crisis to launch the biggest attack on democracy yet. They have tried to turn members of national parliaments into European puppets in order to force national budgets towards preliminary examination by Europe’s leaders, as though the clearly conditional nature of the Stability and Growth Pact and its irrational criteria were not enough. The so-called ‘economic coordination’ set out in the treaties cannot justify this trampling, whether at European or national level, of the Member States’ sovereignty, at this painful time in their economic and social development. They have gone too far in defending the interests of economic and financial groups, and this will have serious consequences for those in poverty within the European Union. This is why we are protesting here, and we are certain that the struggle of the workers and people of the European Union is going to intensify."@en1
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