Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-041"
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"en.20101124.4.3-041"2
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"Mr President, ladies and gentlemen, the ears of the President of the European Central Bank, Mr Trichet, must really be burning as this debate continues. If we were in the ancient Roman senate, a senator would surely stand up in his toga and say to Mr Trichet: ‘
’ – how long are you going to try our patience, Mr Trichet?
In effect, we must ask ourselves whether the right road is to avoid the dissolution of the euro – a very difficult task – or instead prevent the rescue of the euro from ruining the economies of our Member States after the europhile policies of Mr Prodi and so on have destroyed our industries, particularly small and medium-sized enterprises, in Padania for example, bringing only redundancies and unemployment benefit.
Why should the countries which are surviving the crisis be bled dry to the tune of almost EUR 100 billion to save Ireland which, with its policy of 12.5% business tax,, has until now been competing unfairly with the other countries?
Where was European governance if, one month after passing its stress tests, the Anglo Irish Bank plunged to a deficit of EUR 8 billion? Where was Mr Trichet? Are we sure that the Irish bailout does not violate the Treaty of Maastricht? Fortunately there is a constitutional court in Germany that will declare that the absorption of another country’s deficit onto Germany’s books is unconstitutional. So it is time to say bye-bye euro, bye-bye euro."@en1
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