Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-034-000"
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"en.20120613.6.3-034-000"2
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"Mr President, about a year ago, Parliament decided by a large majority to adopt the ‘six-pack’. We were forging ahead with a strong sense of cooperation. We agreed that, in order to solve the problems, we needed to put in place active, realistic austerity measures. We are now in the process of adopting the ‘two-pack’ and the cooperation is suddenly no longer working. The compromise in the Committee on Economic and Monetary Affairs has failed because some of the groups have stopped collaborating. All of a sudden, we are hearing people here saying things like ‘We simply need to spend more money and our problems will be solved’, but everybody knows that this is nonsense. Where will the money actually come from? There are limits to what can be expected of other groups of Europe’s citizens, in terms of how much they will be prepared to spend. On the other hand, is what Mr Cohn-Bendit just said true? In that case, we must raise taxes and ask the citizens to pay up once again. This is just the same old response, the same old story that has never worked.
No, we must take the difficult route, which means saving and making sure that the money we have – and we do still have money in Europe – is spent intelligently and in the right places. Is the money that we have being used where it is needed and is it having the impact that we promised ourselves? Where are the reports on what is happening, the checks and the consideration of whether we are doing the right thing? Qualification measures, spending money correctly, putting incentives in place, creating trust and taking a long-term approach are what is required.
Ladies and gentlemen, we cannot buy growth. That is simply ridiculous. We have to work for growth. We need to create the right conditions for growth so that people can bring it about and we need to make sure that we stay on the right track."@en1
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