Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-028-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-04-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (24-25 March 2011) (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20110405.3.2-028-000"2
lpv:hasSubsequent	lp_eu:2011-04-05-Speech-2-029-0002
lpv:speaker	lp:Proinsias De Rossa2
lpv:spoken text	"Madam President, I have to ask some frank questions of the European Quartet – the Troika plus the Council. Are you serious about saving the eurozone and the European project? The bank stress tests have just concluded, based on the most pessimistic scenarios in Ireland. The new Irish Government has drawn a line under the Irish banking debacle. It has, to everyone’s surprise in Ireland, decided that there will be no haircuts for senior bond holders in the Allied Irish Bank and the Bank of Ireland. But what is the European quid pro quo? Why is the European Central Bank silent on essential medium-term funding for Irish banks? Why are President Sarkozy and Chancellor Merkel insisting on the destruction of the Irish industrial base in return for a cut in the bail-out interest rate? Why are some Member States blocking progress on the European financial transaction tax and the eurobonds? Why is the European budget being cut? The short answer is short-term electoral calculations and doctrinaire economics. The Irish economic crisis is an integral part of the European crisis. The failure of the Irish economy would not only be a failure for Europe, but would be a failure of Europe. Debt sustainability for Ireland is critical for Ireland and Europe and the Quartet must get real on this issue. What we need from the Quartet now is imagination and vision in its ongoing negotiations with Ireland. I want you to mark my words. Ireland is a democracy, just like France, just like Germany, just like Finland: we govern at the will of the people. Ireland’s electorate has accepted severe austerity through gritted teeth and seething anger. They need to see fair play in Europe, otherwise quite soon the window of tolerance currently opened to the Irish Government will shut with a bang."@en1
lpv:spokenAs	member; S&D (2009-07-14--2012-02-01)3 member; Conference of Delegation Chairs (2009-09-16--2012-02-01)3 member; EMPL (2009-07-16--2012-01-18)3 unknown; Labour Party (2009-07-14--2012-02-01)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-10-07--2012-02-01)3 chair; Delegation for relations with the Palestinian Legislative Council (2009-09-16--2012-02-01)3 substitute; DEVE (2009-07-16--2012-01-18)3
lpv:unclassifiedMetadata	"Proinsias De Rossa (S&D ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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