Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-09-Speech-3-044-500"

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"en.20120509.16.3-044-500"2
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"There is no alternative to European integration, which is why all ideas that would restrict the EU’s powers, including the use of a common currency and the right to free movement guaranteed by the Schengen Area, are potentially dangerous. In European society, as in other developed countries, profit-oriented companies and associations generate a level of consumption that is unsustainable in the long term. The current state of crisis could continue for a long time yet, since we are dealing not only with a financial and economic crisis, but also with a moral crisis and a crisis of values. In my view, the restrictive measures of right-wing governments are capable of remedying the situation, with the potential to lead to renewed growth through financial consolidation. It is to be feared that the restrictive measures will slacken as a result of socialist governments gaining ground again, leading to society becoming further indebted. A suitable compromise needs to be reached between stimulating economic growth and taking restrictive measures."@en1

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