Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-083-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-11-30"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparations for the European Council meeting (8-9 December 2011) (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20111130.14.3-083-000"2
lpv:hasSubsequent	lp_eu:2011-11-30-Speech-3-084-0002
lpv:speaker	lp:Phil Prendergast2
lpv:spoken text	"Madam President, in these times of crisis, in the face of urgent market-led pressures, the agenda set by the leaders of Europe seems to keep ignoring the root causes of the threat to the survival of our common currency. The major trigger was cataclysmic financial market failure in 2008, subsequently fuelled by deepening asymmetries between the centre of Europe and its periphery. State-led intervention to rescue the banking system then precipitated a sovereign debt crisis made unsustainable by the current architecture of the euro. The reason why I often choose to reiterate this exercise of hindsight is the fact that it seems to be forgotten when our European leaders meet to resume their exercise in crisis management. Instead the focus has been on dealing with sovereign debt as if it were the cause of our predicament rather than a dangerous symptom of a serious malady. The systemic nature of external trade disparities and current account imbalances when Member States are bound by the same currency while at different stages of economic development has not proved self-correcting and it is in fact self-aggravating."@en1
lpv:spokenAs	member; S&D (2011-04-21--2014-06-30)3 member; Delegation for relations with the United States (2011-05-09--2014-06-30)3 unknown; Labour Party (2011-04-21--2014-06-30)3 substitute; AGRI (2011-05-05--2012-01-18)3 member; IMCO (2011-05-09--2012-01-18)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2011-05-05--2014-06-30)3 substitute; PETI (2011-05-05--2012-01-18)3
lpv:unclassifiedMetadata	"Phil Prendergast (S&D ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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