Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-219-000"

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"en.20110928.19.3-219-000"2
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"I voted against the report and the economic governance package as a whole, because this particular package is the wrong response to the crisis. The neoliberal interpretation that excessive public debt and failure to adhere to the Stability and Growth Pact are responsible for the crisis in the European Union is perpetuating the same antisocial, anti-growth policies. Thus, new policies for reducing government spending on social policies and cutting back on labour and social rights are being promoted. The Commission’s absolute control over fiscal policies and sanctions of an economic and political nature are maximising the democratic deficit in the European Union. The application of the package will exacerbate the recession, increase unemployment and extend social and regional inequalities."@en1

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