Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-427-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120522.18.2-427-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, following the G8, Chancellor Merkel will be under pressure tomorrow to give her backing to the new growth agenda, which is to say, to pump lots of money into the economy. That is something I find incomprehensible. Loading debt on top of debt is a foolish idea.
I advocate a different growth agenda, one that would increase opportunities for business: we should lower corporation tax, favourably write-off investments, provide sound and accessible education in top sectors and raise the pension age. The policy on the euro needs to be re-thought as well, and with no taboos. Lending more money, through the European Stability Mechanism (ESM), for example, will only leave countries like Greece and Spain with bigger problems still.
I have not seen any analysis of, or study into, an adaptation of the single currency where southern countries would stay in the euro and the northern countries would create a euromark. This kind of approach could turn out to be one of great solidarity, as proved to be the case for Argentina and Slovakia when their currency unions broke up. The real growth years then dawned for those countries."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples