Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-119-500"

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"en.20120703.5.2-119-500"2
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"This European Council meeting has marked another step along the road to forming a political and institutional framework whereby the EU institutions can impose a steely grip on each Member State, destroying national sovereignties and challenging the most basic democratic principles and values, all in order to intensify exploitation and the attack on the rights and living conditions of workers and peoples, and to prolong the extortion of national resources. The so-called European Semester has closed, endorsing the ‘country-specific recommendations which Member States will translate into their forthcoming national decisions on budgets, structural reforms and employment policies’. If we look at these ‘recommendations’, which the Commission has published and now wishes to implement, we can see the purpose and goals of this European Semester. With regard to Portugal, the Commission advocates lowering wages and reducing the duration of unemployment benefit. This is in a country that has among the lowest wages in the EU, where unemployment has hit historic levels, and where long-term unemployment is on the increase because of the policies imposed by the EU and the IMF. Once again, the interests of the economic and financial groups have taken centre stage, as also shown by the decision on the possibility of giving direct assistance to banks."@en1

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