Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-505-625"

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"Institutionalised austerity cannot be the only response that we offer Europeans. The ‘governance’ package that has just been voted on is inherently poorly balanced in the way it seeks to respond to the crisis. Admittedly, we must strengthen the Growth and Stability Pact and deficits must be more closely monitored, and even penalised. However, strict rules laid down for the deficits and the debt cannot be our sole response. We must listen to what European citizens are saying to us, they who have been the first to suffer the economic and social effects of the crisis: austerity alone is intolerable. The ‘governance’ package should be offset by a European investment plan which guarantees economically and socially sustainable development. It should introduce the financial tax and Eurobonds. I therefore voted for the Feio and Wortmann-Kool reports while I abstained on the Ferreira, Ford and Haglund reports and I voted for the Goulard report (for Eurobonds). A choice of votes that is intended to reflect my very mixed feelings over this package, which admittedly does offer some steps forward but which is still too poorly balanced: Europe will be unable to continue to develop without its people and therefore we must debate solutions for the future in public."@en1

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