Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-237-000"
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"en.20110607.23.2-237-000"2
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"Mr Barroso, we have enjoyed a series of pantomime exchanges on the euro. Every time I have predicted that a country would need a bail-out, you have come back and said, oh no, they don’t, everything is fine. And now we face the fourth bail-out – the second Greek bail-out – unless, of course, today you are going to tell us that is not necessary either. But the question I want to ask you today is perhaps far more serious than anything that has happened in Greece or Ireland or Portugal to date. It is about the real sovereign debt crisis which we may face within the next few weeks, and which concerns the integrity of the European Central Bank itself.
Month after month, I have warned that you cannot go on buying up vast quantities of your own bad debt. Mr Barroso, do you accept that the finances of the European Central Bank and its integrity are now in a serious and parlous state?"@en1
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