Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-299-000"
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"en.20120328.24.3-299-000"2
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"Mr President, a few days ago, the rescue of Greece and the euro area was celebrated in some quarters. The Troika supervising Greece – yes, that is what is happening – seemed cautious when it came to Parliament about the future of the country, warned of a coming storm over the wages and pensions of its citizens and hinted that wage levels would have to drop to between EUR 150 and 200 a month, which is ‘bread and butter for the left’. References to growth are vague and there are no measures to support small and medium-sized enterprises, which are shutting up shop in Greece, with 68 000 going out of business in 2011 and unemployment topping 1 million. Obviously, this cruel approach disregards the unravelling of the social fabric in Greece and the poverty being caused by this economic recipe. The social unrest in Greece and other countries in the South facing the same problems is, unfortunately, of no interest to anyone in this Union.
In short, we have failed to manage the crisis. It is important that we understand that the crisis does not affect just certain countries and it therefore needs to be addressed as a global and European problem."@en1
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