Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-065-000"

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"en.20120215.4.3-065-000"2
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"The outcomes of the last EU summit of 30 January 2012 delivered mixed signals and failed to satisfy critics and speculators who continue to doubt the EU’s ability to handle the current crisis. Thus, the upcoming Council meeting of 1-2 March will be taking place at a rather crucial time, in particular, against the background of a possible Greek default. The European Council and the European Commission have already announced the current crisis cannot be tackled with austerity measures alone and that attention should also be given to stimulating growth and job creation. But the proposals put forward to promote such growth are not sufficient to deliver results. These proposals lack the funds and reforms that Europe desperately needs. I agree with colleagues calling for a new proposal following the same guidelines and the same type of budget as for the Marshall Plan for Europe’s recovery in 1948. We need now significant investment for supporting SMEs, entrepreneurship and self-employment initiatives, which, in return, will encourage economic expansion and job creation and improve the EU’s long-term competitiveness. Bold decisions and strong political will to promote fiscal stability are needed to restore investment and growth to Europe. This is the only way out of the current crisis and the only way of preventing future crises."@en1
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