Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-498-500"
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"en.20110623.37.4-498-500"2
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"I abstained from this vote. I supported the accompanying Ferreira report, but was unable to support this report as I strongly oppose the programme of crippling austerity measures which is being driven through the European Union by the centre-right. This package of economic governance reforms will stifle growth in the EU at the very time we need investment for growth, for research and development and for jobs, to secure the economic future of Europe. This financial reform package will hit the poorest in Europe the hardest, while leaving the cause of the crisis – the financial sector – untouched. I welcome improved coordination of economic and fiscal policy in Europe, but strongly oppose the short-term vision under which this is being imposed. Long-term investment in the green economy, in scientific research and in infrastructure is absolutely crucial to economic stability, job creation and growth, and I cannot support this package of reforms which seeks crippling austerity across Europe."@en1
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