Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-220-250"
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"en.20110928.19.3-220-250"2
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This is another part of the package of six legislative texts on so-called economic governance, which aims to strengthen surveillance of budgetary positions, and the surveillance and coordination of economic policies. This regulation lays down the rules regulating the content, presentation, examination and monitoring of stability programmes and convergence programmes, as part of the multilateral surveillance that the Commission and Council want to carry out at an early stage; the argument being to prevent budget deficits and excessive debt, and to promote the surveillance and coordination of economic policy. This is an unacceptable draining away of competences from the political structures that are close to, and controlled by, the public.
They always argue that the objective is growth and employment, but, as they have forgotten policies of solidarity, and of economic and social cohesion, committing only to monetarist and neoliberal policies in the interests of guaranteeing greater profits for large companies and financial institutions, what we will have is more social inequality, more unemployment and more poverty, as the cases of Greece, Ireland and Portugal have already shown. With these texts we will therefore witness a deterioration of the economic, social and political situation, which will inevitably cause further social tension and more conflicts, with unforeseeable consequences."@en1
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