Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-027-000"

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"Mr President, we are always talking about the EU being in an economic crisis, and if we look around the world, it is difficult to disagree with that. As each day goes by, the EU is losing its competitiveness in relation to China, India, South America and a whole host of other regions, which are receiving better and better training, spending more and more money on research, reducing taxes and keeping wages steady. The EU is falling behind on the global economic stage. We are hearing today what the EU’s response to this problem is: it is redistribution. It is State aid. Ladies and gentlemen, I need to draw attention to the fact that it was State aid and redistribution that led the EU out into the mire and to the collapse that it is experiencing today. Nevertheless, the only answer that the bureaucrats in Brussels and in Strasbourg and also the vast majority in the European Parliament, who enjoy spending other people’s money, can give is more of the same. More of what led the EU on the wrong path. This will not resolve the problem; it will make the problem worse."@en1
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