Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-222-000"
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"en.20111013.19.4-222-000"2
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"Yet another resolution reflecting the compromises, complicities and responsibilities shared by the main political groups, including the Group of the European People’s Party (Christian Democrats) and the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, on the European Union’s current path to disaster. It stresses the fundamentals of the economic and monetary union, particularly the Stability and Growth Pact (SGP), which has now been strengthened, and with which it will not be possible either to overcome the inequalities existing within the EU, or to prioritise the creation of jobs with rights, or the eradication of poverty, social exclusion, and society’s inequalities and injustices.
As we have been arguing for a long time, what was needed was to definitively replace the SGP with an employment and social progress pact. The basis of this pact would be to develop a series of policies diametrically opposed to so-called ‘austerity’, of which the programmes of aggression against the workers and peoples of Greece, Portugal and Ireland currently being imposed by the International Monetary Fund, the European Central Bank and the European Commission are extreme examples. Instead of transferring more millions from the pockets of the workers and the peoples to private banks, there is a need to promote public control of sectors like the financial sector, which is of considerable importance if it is to be rescued from the ‘casino economics’ to which it has been abandoned."@en1
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