Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-093-000"
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"en.20110405.3.2-093-000"2
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".
The last European Council meeting took a set of decisions that, if they are implemented, will constitute an unusual, violent and dangerous attack on the workers and peoples of Europe, given substance within the renamed ‘Euro Plus Pact’. It has surely been renamed in order to conceal its true authors – Germany and France – given that the previous name, the ‘competitiveness pact’, would immediately give them away. Alongside so-called ‘economic governance’, this is an attack on Member States that are in a more vulnerable position from an economic and social point of view, with this being a veritable sentence of economic dependence and backwardness.
Both instruments are linked to the announced amendment – using the simplified procedure and without holding any referenda – to the Treaty of Lisbon, with the aim of introducing the so-called ‘conditionality’ associated with the European Stability Mechanism. According to the Council’s conclusions, this is ‘strict policy conditionality under a macro-economic adjustment programme’, a process that will be developed and implemented jointly by the European Commission, the European Central Bank and the International Monetary Fund.
Essentially, we are going through a process of concentration of political and economic power, now not only in the hands of a directorate of powers in the service of big business and finance, but also in the hands of the very institutions of international capital."@en1
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