Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-604-000"

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"Mr President, this debate has been useful. This is a very serious situation for those countries in crisis, but it is just as serious for Germany, Austria and Finland, because taxpayers in these countries have suffered budget cuts and been through serious crises. The questions have been justified, and that is why it is very important that the Portuguese issue should be made a model example of how a crisis can be held in check, dealt with, and prevented from spreading. I think that Portugal must now first ensure that it repays the loans by selling its assets, as has been said. It must also negotiate with its individual lenders to establish concrete proposals and ideas about how this crisis can be beaten. Voters in Germany, Austria and Finland will not stand for it if, for example, there should be new bailouts for Greece or if this case should fail."@en1
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