Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-306-625"

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"en.20120202.31.4-306-625"2
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"The Merkozy duo has managed to impose its ‘golden rule’ throughout almost all of the EU. This genuine austerity plan aims to sanction Member States that fail to meet the budgetary discipline requirements set by Brussels. The EU will thus introduce a genuine cycle of public finance surveillance that will take place annually, from spring. Mr Van Rompuy spoke to us of growth and investment in employment, but ultimately, the only thing to come out of this Treaty is a policy aimed at killing off growth and imposing oversight on national budgets. Not long ago, the Maastricht Treaty deprived us of our monetary sovereignty; now it is our budgetary sovereignty that is being taken away from us. This Treaty sacrifices European nations’ desire for self-determination on the altar of European economic federalism. It is a victory for financial markets and ratings agencies over the EU Member States. The European Parliament’s solutions will only bring more suffering to EU citizens who have already been severely affected by its policies. That is why we voted against this resolution."@en1

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