Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-229-000"
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"en.20110607.23.2-229-000"2
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"Mr President, as you know, my group is composed mainly of non-euro area members, but we certainly do not wish to see the euro fail, as I have already said here several times. Our economies are too interconnected for that, and I must say, therefore, that we have mixed feelings about what is happening.
We are getting mixed messages here. The European Council says one thing, the European Central Bank says something else and the International Monetary Fund something else again. Most of all, I have the feeling that political opinions are still prevailing over economic ones, as if it were possible to fool the markets with a few promises, and avoid a real solution to the situation.
I would like to ask what the position of the European Commission is regarding the restructuring of government debt. You really do still seem to prefer pouring in more and more money and providing more and more endless loans to economies that are in serious trouble and on the very brink of collapse, or are we starting to see common sense here, and to consider seriously the possibility of restructuring their government debts, because, in my opinion, we cannot avoid this in the long term."@en1
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