Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-386-000"
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"en.20120418.21.3-386-000"2
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"Mr President, I shall focus on Greece. The Member States are spending vast sums of money. The Greeks have made serious sacrifices. However, the targets have not been met. Why? Because the adjustment fell primarily not on the state-subsidised, clientelist system, but on the productive system in Greece and on the weakest members of society: companies, salaried employees and low-paid pensioners. Over-taxation and a complete lack of financing are currently causing competitive Greek export companies to go out of business. The State has delayed payment of debts of EUR 6 billion to the private sector. The two ruling parties are taking on people in the run-up to the elections and have passed a law regulating their massive debts to the banks on favourable terms. The Commission does not appear to have any noteworthy new proposals that compare with the 2020 plan presented recently by the Alliance of Liberals and Democrats for Europe. This plan includes more private investment, liquidity and jobs. There is a positive, productive, creative Greece outside the inveterate, state-subsidised, clientelist system and it is high time that Europe started investing in it."@en1
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