Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-109-000"
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"en.20120215.7.3-109-000"2
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"Mr President, the policies set out in the European Semester, economic governance and the fiscal compact increase the legitimacy and institutionalisation of the so-called ‘austerity measures’, which we cannot accept. It is impossible to reconcile this approach with the principles of social justice, growth and promoting employment, as they advocate exactly the opposite: namely, cutting wage costs, increasing the exploitation of the workers and shrinking the state, as well as an attack on the social and labour rights that have been acquired.
These so-called ‘budget consolidation’ policies are causing real social tragedy and disaster, such as increased poverty, in addition to merely deepening the economic recession and increasing public debt. What is needed is a complete break with this path. A Europe based on cooperation needs to be built, with the principal objectives of defending the interests of the peoples and of putting a stop to processes of oppression and colonisation by the major powers. Last Saturday, on the streets of Lisbon, Portugal, more than 300 000 people demanded an end to the austerity measures and promised that the struggle will continue."@en1
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