Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-189-125"
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"en.20111026.16.3-189-125"2
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"The EU’s economic obligations have increased over recent years; at the same time, its budget has remained constant at a paltry 1.08% of GDP. Furthermore, the draft budget being passed today was decided in 2006. That means that no account has been taken of the global and European crisis or of the impact of it on the lives of European citizens. Unfortunately, yet again, the draft Union budget is being held ransom to the major interests promoted by overriding EU policies. Spending on defence policies exceeds spending on education and more money has been earmarked for large enterprises than for small and medium-sized enterprises. Also, this specific budget channels more resources to international pharmaceutical companies than to research in that sector. The draft Union budget, together with the austerity programmes applied in the Member States, is slowing down growth and exacerbating the recession. In light of this, I voted against this particular report."@en1
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