Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-27-Speech-4-104-002"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-27"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (23 October 2011) (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20111027.6.4-104-002"2
lpv:hasSubsequent	lp_eu:2011-10-27-Speech-4-104-0032
lpv:speaker	lp:Lidia Joanna Geringer de Oedenberg2
lpv:spokenAs	quaestor; European Parliament (2009-07-15--2012-01-16)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; Sojusz Lewicy Demokratycznej (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-16--2013-06-30)3 member; PETI (2009-07-16--2012-01-18)3 member; Parliament's Bureau (2009-07-15--2012-01-16)3 member; S&D (2009-07-14--2014-06-30)3 member; Quaestors (2009-07-15--2012-01-16)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 member; JURI (2009-07-16--2012-01-18)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3
lpv:translated text	"Last night Europe underwent major ‘open heart surgery’. There were some very difficult moments, and even doubts as to the outcome of the operation. However, today the patient feels well, or as well as possible following an operation. If there are no complications it will recover, which is what I wholeheartedly wish. ‘Shock therapy’ urged the Member States to take concrete decisions. After nearly 10 hours of negotiations, it proved possible to achieve compromises that are intended to result in a reduction of the Greek debt by EUR 100 billion (from the current level of EUR 350 billion). It has also been agreed to ‘multiply’ the borrowing capacity of the European Financial Stability Mechanism up to around EUR 1 billion and to provide additional capitalisation for the key EU banks to the tune of around EUR 106 billion. The President of the European Council, Herman Van Rompuy, intends to steer Greece to ‘the road to health’, so that by 2020 it can reduce its national debt to the level of 120% (as opposed to the current level of 162%). President Barroso is right when he says that ‘exceptional times call for exceptional measures’. These decisions have already produced clear results. This morning the world stock exchanges have registered the highest growth in the last two months, and the euro is doing rather well. I believe that the current situation calls for a programme of radical reforms; the only pity is that the patient was not given the necessary medicine – to say nothing about preventive treatment …"@en1

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