Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-106-000"

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"en.20120703.5.2-106-000"2
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"Mr President, President Barroso, the issue of growth and employment has been included on the Council’s agenda for the first time, and the Compact for Growth and Jobs has also been presented for the first time. Now, if we really analyse what has been proposed, we cannot reach any conclusion other than that this has been not a bang but a whimper. If we compare both the content and the total amount, we are talking about EUR 120 billion. We note that if we compare this with the assistance that has been given to the banks and bank recapitalisation, we are talking about a risible package. I would very much like the public to get an explanation as to why the amounts for banks are higher, and why there is greater support with far fewer conditions, and why far less is asked for in return. Why is this not being explained to the public? Why is there no explanation as to why, when we talk about assistance, it is the public that is going to pay again? These issues needed to be clarified, because we are tired of austerity."@en1
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