Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-197-000"
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"en.20111201.35.4-197-000"2
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"Mr President, we are in the middle of the most serious crisis of capitalism in Europe since the 1930s. The answer of the bosses and their representatives in governments across Europe is very clear. It is contained in the one word ‘austerity’. The problem that they face is that the majority of people across Europe do not agree with their solutions. The majority of people know that while the rich are getting richer, the economies of Europe are being destroyed and thrown into a downwards spiral.
That is why we have this so-called ‘European Semester’ and ‘economic surveillance’. It is part of the process of doing away with that very awkward notion of democratic checks, democratic accountability, and replacing it with financial coups in Italy and in Greece and the use of colonial tactics where austerity budgets are imposed by the likes of the Commission.
The meaning of this process was seen in relation to the Irish budget, where next week, we will have a discussion in the Dáil, the Irish Parliament, about a budget that will contain cutbacks of up to EUR 4 billion – savage attacks on ordinary people – but before any discussion in the Irish Parliament, before any discussion in Irish society, the outlines of this budget turned up in the German
. Despite the false outrage of the Irish Government, that is precisely what ‘economic surveillance’ means."@en1
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