Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-10-Speech-4-025-000"

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"Mr President, faced with the conditions of the economic crisis, countries are having financial difficulties implementing the commitments they have made. There is little doubt that their capacity to overcome the crisis varies and there is a need to find ways of balancing the budget and reducing the budget deficit. However, Commissioner, must we really do this at the expense of those who are worst off? Is it morally right for the European Commission to pressure governments into reducing the minimum wage, pensions or other social benefits? Commissioner, you gave your opinion on the Memorandum of Understanding with Ireland. However, I would like to remind you that you signed a similar memorandum with Latvia, where you pressed the Latvian Government to reduce pensions that were already low. Pensions in Latvia were reduced, but the Latvian Constitutional Court stated that the country’s fundamental law does not allow this and the pensions were reinstated. Thus, when taking such decisions and signing such memoranda, it is necessary to thoroughly assess both the legal and social consequences."@en1
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