Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-075-000"
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"en.20110914.3.3-075-000"2
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"Every country in the eurozone has to deal with the effects of the crisis. The cutbacks are being felt by people in all countries. In his introduction, Mr Barroso said that a tax on bank transactions would be one of these measures. I welcome this measure because we all have to recognise that the effects of the crisis cannot be borne by ordinary people while the banks share out the profits. At the moment there is a battle for Europe – a collapse of the eurozone would result in the collapse of the whole European economy. Individual Member States must announce that that it is important to support the single currency, and that supporting Greece and Portugal means supporting the euro and the economies of individual countries. At times of crisis, the European Commission should also be pulling out all the stops for growth. Instead of waiting, they should invest and increase employment rather than, as the present right-wing Slovakian Government has done, granting exemptions in the labour code for overtime of up to 550 hours with unemployment running at 13%."@en1
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