Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-077-000"

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"Mr President, over the past six months, Belgium has proved itself to be a worthy holder of the Presidency. You would not think that the incumbent Belgian Government was resigning. When I look at the dossiers that I am qualified to assess, the balance is positive. An agreement on the regulation of risk capital, a regulation on the supervision of financial markets and a budget for 2011. I am very familiar with both Belgium and Europe. European politics is, as it were, an extension of Belgian politics, with a greater purpose. It involves the search for compromises through conversations and long lunches and, if necessary, a bit of gentle cajoling in the interests of achieving a result. There are some who therefore say that Belgium is Europe in miniature. That is exactly where the danger for Europe now lies, because the Belgian system is itself no longer able to keep functioning on compromises. There is not even a successor to Mr Leterme in the pipeline. If Belgium is the future of Europe, then we must ask ourselves: why is the Belgian system coming to an end? Why is it in a state of dissolution? The explanation for this, in my view, is that Belgium has created a transfer economy which is no longer affordable. In the name of solidarity, we created a cash flow from Flanders to Wallonia and Brussels, but, Mr Barroso, if solidarity is all one way, then people become alienated from one another and that is what we are now witnessing in Belgium. At the moment, we in Europe are busy planting a transfer economy. You have been doing this and, as a result, the euro has already been misused. Now we are faced with a call for eurobonds. Mr Verhofstadt calls for that on a daily basis. Look also at the Euro Emergency Fund, which is beginning to resemble a . First, it was temporary, then it was permanent, and now we have to keep pumping more and more money into it. One of the casualties of this will be competitiveness, as foreign investments in Europe will decline. Those who want to see the Europe of tomorrow should look at the Belgium of today! Then we might imagine Germany in the role of Flanders, saying: ‘We no longer want to keep paying for everybody else’. Some of you will laugh at this, but that danger is closer than you think. Let this be a wake-up call for all of us. Mr Leterme, I have always had a great deal of respect for you. I wish you every success in whatever it is that you go on to do, but I fear that Belgium will retain you in your current post for a while yet."@en1
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