Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-415-000"
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"en.20120522.18.2-415-000"2
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"Mr President, Minister, Commissioners, the problem is not just that certain countries are in debt; it is the differences between them in terms of their growth model which has caused dissonance and cooperation problems in the institutions. The European Union, despite progress at Treaty level, reminds me of the Tower of Babel.
What we need today is not stability from austerity alone or from growth alone, but from a combination of both. Of course a country in deep debt, such as Greece, needs a programme of spending cuts and numerous structural changes in order to boost growth.
Yes, we Greeks have an obligation towards our lenders, but our current lenders are our partners. The Greek nation is aware of its obligations, but any nation in want that knows itself that its future is bleak can take desperate decisions in forthcoming elections. The history of Europe is full of similar examples, with tragic results.
Commissioners, ladies and gentlemen, instead of maintaining or hinting that Greece is the problem and that it should leave the euro area, which no one in Greece really wants, let us all help to defuse the situation, ensure the problems are understood and find a balanced way forward, in keeping with the European economy and the social model. We can all utilise best practices from other countries, but theories about a ‘one size fits all’ model – such as the German model – are probably out of step with the inexorable truth. I doubt that tomorrow’s summit will generate any new ideas. Real solutions will need to overcome the entrenched attitude in the institutions. Europe is no longer the player which is certain to win in the global system. We need concentration, planning, coordination and a real European role for the institutions, especially the Commission."@en1
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