Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-22-Speech-1-042"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:ECB annual report for 2009 - Latest developments on international currency exchange rates (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20101122.13.1-042"2
lpv:hasSubsequent	lp_eu:2010-11-22-Speech-1-0432
lpv:speaker	lp:Jürgen Klute2
lpv:spokenAs	member; Delegation for relations with the Mercosur countries (2009-09-16--2014-06-30)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; ECON (2009-07-16--2012-01-18)3 unknown; DIE LINKE. (2009-07-14--2014-06-30)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 member; EUL/NGL (2009-07-14--2014-06-30)3
lpv:translated text	"Madam President, I would first like to express my heartfelt thanks to Mr Balz for such constructive cooperation. I can only emphasise the fact that despite coming from different positions, working together was a positive experience. Many people thought – and I would like to underline this fact again here – that the crisis in the euro area was over. Ireland shows that this is not the case. Just as before, Europe is voluntarily offering itself up to the financial markets. The EU Member States are still having to offer their treasury bonds in the bazaar of the financial markets and try to gain the confidence of the speculators by adopting suicidal austerity packages. At the weekend, we saw once again where that leads us. This time it was not the Greeks, who were supposedly out to deceive everyone, but rather Ireland – the star pupil – that was forced to turn to the European bail-out fund in order to rescue its banking system – a system which had also long been held up as a shining example of deregulation. In the meantime, the financial sector is already eyeing up Portugal for capitulation as its interest rates continue to rise. The European Central Bank must share the responsibility for this drama. It has failed and continues to fail to use eurobonds in order to offer a civilised alternative to this casino approach. While half of Europe is recovering from the crisis, the ECB idly stands by as the remaining part falls further and further into poverty and uncertainty. Ruinous cuts across the board by national economies may be to the taste of the European investment and banking giants, but they do nothing to help either Ireland or the monetary union and the ECB. Please pay no attention to Mrs Merkel’s simplified financial ABC, Mr Trichet. If you want to save the economic and monetary union, do not leave European treasury bonds hanging in the air. Introduce eurobonds before the speculators claim their next victim."@en1
lpv:unclassifiedMetadata	"(The speaker agreed to take a blue card question under Rule 149(8))"1
lpv:videoURI	<go to Events_and_structure europarl>2

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