Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-878"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20101123.33.2-878"2
lpv:hasSubsequent	lp_eu:2010-11-23-Speech-2-8772
lpv:speaker	lp:Miguel Portas2
lpv:spokenAs	member_of_the_bureau; EUL/NGL (2009-07-14--2012-01-22)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2012-04-24)3 substitute; Delegation for relations with Iran (2009-09-16--2012-04-24)3 vice-chair; Special Committee on the Financial, Economic and Social Crisis (2009-10-15--2011-07-31)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2012-04-24)3 substitute; ECON (2009-07-16--2012-01-18)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 unknown; Bloco de Esquerda (2009-07-14--2012-04-24)3 member; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with Iraq (2009-09-16--2012-04-24)3
lpv:translated text	"I am voting against this report. It ignores, or at least underestimates, the recessionary effect of a policy to reduce public spending being carried out simultaneously by most of the EU Member States, just as the EU was leaving behind the major recession that began in 2008. Accepting this report means voting in favour of abandoning the policy of concerted stimulus that was implemented in 2009. The neoliberal ideology that is dominant in the European Central Bank (ECB), which means that there is an ever-lurking threat of inflation, even when there is considerable untapped productive capacity, is making the euro area a hostage to the financial markets. This ideology has returned to remind us that austerity is not enough, and that there needs to be a nominal reduction in wages and further deregulation of the labour market. Since the drop in aggregate demand will affect the implementation of the budget by Greece and Ireland in 2011, the ECB will then come and tell us that the austerity policy was right, but that it did not go far enough or deep enough. This report embraces a real intellectual scam."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph