Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-039-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-09-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Economic crisis and the euro (debate)2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20110914.3.3-039-000"2
lpv:hasSubsequent	lp_eu:2011-09-14-Speech-3-040-0002
lpv:speaker	lp:Peter van Dalen2
lpv:spokenAs	substitute; ENVI (2009-07-21--2012-01-18)3 substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 vice-chair; TRAN (2009-07-20--2012-01-18)3 substitute; EMPL (2009-11-10--2012-01-18)3 member_of_the_bureau; PECH (2009-07-16--2014-06-30)3 unknown; ChristenUnie (2009-12-11--2014-06-30)3 member; Delegation for relations with India (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, the large debts of many Member States lie at the core of this crisis. Italy has a debt totalling 130% of their gross domestic product and the Irish budget deficit is 10%. However, Greece has notched up the most dismal score of all: a debt equivalent to 157% of their GDP and a budget deficit of nearly 8%. Even the legendary Greek character Atlas had a lighter burden to shoulder. Greece will never be able to repay that debt, and so part of that debt will have to be written off. There will have to be effective participation from the private sector, too. We also need a recovery plan for the Greek economy to enable it to actually repay the remaining debt, and the Greeks must show full commitment to raising taxes. If these measures are not taken very soon, Greece will have to leave the euro. After all, the euro is a high-quality currency and maintaining that status requires discipline and decisiveness, such as effectively tackling debt and preventing bankruptcy."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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