Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-259-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Hour with the President of the Commission2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20110607.23.2-259-000"2
lpv:hasSubsequent	lp_eu:2011-06-07-Speech-2-260-0002
lpv:speaker	lp:Nikolaos Salavrakos2
lpv:spokenAs	unknown; Popular Orthodox Rally - G. Karatzaferis (2009-10-14--2014-06-30)3 member; AFET (2009-10-21--2012-01-18)3 vice-chair; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-11-25--2014-06-30)3 substitute; PECH (2009-10-21--2012-01-18)3 member; PETI (2009-10-21--2012-01-18)3 member; EFD (2009-10-14--2014-06-30)3
lpv:translated text	"Mr President, on the subject of the G8 summit, according to some financial information I was reading, global GDP was USD 58 trillion and the money supply was USD 615 trillion in 2009. At the same time, on the subject of ‘monetary policy’ that concerns you, it confirmed that the USA is issuing new money, new dollars, while our Union is not issuing new money. Economists disagree on many things; however, history has taught us two things: firstly, that you cannot save a bankrupt by giving him expensive loans and, secondly, that extreme austerity can never reduce the deficit of a macro-economy in recession which is unable to depreciate its currency. The Eurobond is urgently needed, Mr President. Do you see it as a means of counterbalancing the spiralling increase in new money being issued by the USA?"@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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