Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-399-500"
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"en.20120704.25.3-399-500"2
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"This European Summit has been characterised above all by hypocrisy and lies. It has allowed Mr Hollande to impose the scandalous ‘fiscal compact’, an intolerable budgetary straitjacket, by having us believe that it now has a counterpart in the form of a ‘Compact for Growth and Jobs’. However, this is no more than an eclectic list of measures which had in any case been planned ages ago, and the figures have been manipulated. We are a long way off the promised 1% of GDP. The sums to be mobilised are derisory: EUR 120 billion, admittedly, but over two years. Only EUR 40 billion are public funds, and the remainder consists of a series of loans and guarantees. The funds are to be spread thinly over the 27 and not targeted at emergencies or priorities. If we want to help the Member States, we may as well return their share of the billions of unused regional funds to them, as that would ease the strain on their budgets. As for the other measures, Mr Hollande will have to explain what he has agreed to accept. I shall simply mention some of them: the full implementation of the Bolkenstein Directive, greater flexibility of the labour code in particular in respect of redundancies, the end of regulated professions, the opening up of public procurement to international (Chinese?) competition, and … the ‘reactivation of older workers’, a rather worrying choice of words. His electorate will appreciate that."@en1
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