Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-064"

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"Madam President, Minister, Commissioner, I have listened to this long debate as a citizen. I would say that Mr Barroso’s proposals were very interesting. We would like to see them acted upon. A clear and comprehensible political will and a discourse of truth are the necessary conditions for restoring our citizens’ confidence. It is imperative that we do not mask realities. There is public spending, which we must cover or reduce. There are public and private debts, which we must repay. There are numerous experts who have ideas on everything. Those who did not see the crisis coming are now full of brilliant solutions. But in a difficult situation, let us use common sense. Let us not reproduce in the management of public finances the mistakes and errors of the private sector that led to the financial and banking crisis. Sophisticated arrangements do not create value and wealth. They create illusions and often benefit only the speculators. The fact of the matter is that the Member States have lived beyond their means. We must have the courage to draw the necessary conclusions and ensure that the burden of recovery is apportioned fairly."@en1
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