Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-353"

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"Madam President, ladies and gentlemen, as our debate again shows, we are all in agreement on one thing: the more Europe enlarges, the greater the powers entrusted to it, the more it displays its ambitions and the fewer resources it has to bring them to fruition. So everyone agrees on the diagnosis, but clearly we are not in agreement about what we need to do to extricate ourselves from this financial deadlock. As what was short-term has lasted, the Union budget has become a prisoner of national contributions, which make up almost 75% of its resources. Today, if we decided to raise the expenditure ceiling to the maximum threshold allowed by the treaties, this would mean an additional levy of more than 5 billion for countries like France and Germany. Everyone here clearly agrees that this is not possible. It is not a question of stepping up discipline, as it is the people and, principally, the poorest people who pay the highest price for the consequences of these national austerity policies. Considering that the financial sector bears the main responsibility for the crisis and explosion in public debt, the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament proposes that a line of ‘own resources’ should be created funded by a financial transactions tax; this proposal was rejected within the Committee on Budgets by the right, which may make up for it tomorrow and bring its actions into line with the numerous statements they have made to the media in favour of this measure. It is a little more than two years since the fall of Lehman Brothers, and Parliament must not pass up an historic opportunity to create the foundations for a new development model, based on more lasting resources and certainly ones that are more just in terms of redistribution of wealth and solidarity. For the first budget voted on under the Treaty of Lisbon, this would send a strong political signal from our Parliament, which does not intend to make do with using its new codecision powers to manage penury, that is, to choose which of Peter or Paul is to go without clothing. Giving oneself the means, starting tomorrow, to increase the size of the Union budget, is to give oneself the means to pursue ambitious economic recovery, research, industrial, and employment policies. Let us not fail to grasp this opportunity that European citizens expect of us and which, in any case, the financial operators are expecting of us."@en1
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