Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-403-000"
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"en.20120418.21.3-403-000"2
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"Mr President, unemployment in the euro area has reached extremely high levels. One in every three young Europeans is unemployed, highly qualified young people are obliged to emigrate and social inequality continues to increase. It has already been proven that austerity programmes are not the solution to our problems. There are millions and millions of euro for the banks, but there is no money for the economy. Without economic growth, there are no jobs; that is not the Europe that we want. When will debt be mutualised? When will the financial transaction tax be created? When will there be fiscal convergence? When will there be an end to offshores? Fine words will not get us out of the crisis: we need action. Europe needs an employment and growth pact, as the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament has already proposed."@en1
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