Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-055-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-06-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Economic and budgetary surveillance of Member States with serious difficulties with respect to their financial stability in the euro area - Monitoring and assessing draft budgetary plans and ensuring the correction of excessive deficit of the Member States in the euro area (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20120612.5.2-055-000"2
lpv:hasSubsequent	lp_eu:2012-06-12-Speech-2-056-0002
lpv:speaker	lp:Marisa Matias2
lpv:spokenAs	member; ITRE (2012-01-19--2014-06-30)3 substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 member_of_the_bureau; EUL/NGL (2012-01-23--2014-06-30)3 unknown; Bloco de Esquerda (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-09-16--2014-06-30)3 vice-chair; Delegation for relations with the Mashreq countries (2009-09-17--2014-06-30)3 substitute; ECON (2012-05-10--2014-06-30)3
lpv:translated text	"Mr President, ladies and gentlemen, unfortunately, the proposals we are discussing here today confirm that policies for stabilising the euro area are prohibited and they further establish the logic of the Budgetary Treaty. There have been some declarations of intent, but they are very timid. I am referring, for example, to the road map towards a day when we can begin to think of ways to establish possible legislation for the hypothetical introduction of eurobonds. The problem is that this day will only arrive when all of the euro area’s problems have been resolved and it will then be too late, far too late. We support some aspects of this proposal but, at this rate, it will all be too little, too late. To put a country under legal protection implies maintaining rates and amounts, and giving new loans priority. That is, it requires the Member States to honour their debt, but removes from them all of the instruments they could use to ensure growth and to find the resources they need to do so. Let us be frank with one another: the only legal protection that exists in these proposals, and which is planned, is for the creditors, but even this will not be achieved because it is not even effective for them. As we have seen in Greece, Ireland, Portugal and now Spain, this means condemning the countries to recession, unemployment and insolvency. Let me conclude, Mr President, by saying that the deterioration of these situations and their spreading to other economies is bringing us close to the point of no return. Given the failure of complete austerity, the Commission and the German Government propose the same policy to us, but in overdose. It is this neoliberal fanaticism that is killing the euro."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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