Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-03-12-Speech-2-354-000"

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"en.20130312.40.2-354-000"2
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"Madam President, it is now almost three years since Commission President Barroso announced what he called a silent revolution in terms of stronger economic governance by small steps. What that meant is using the economic crisis, caused by neo-liberal capitalism, to go further in imposing a model of authoritarian neo-liberalism in Europe. The latest step is this so called ‘two-pack’, going further again in institutionalising neo-liberalism and austerity polices. It gives the Commission the power to request a revised draft budgetary plan: in other words, to demand the rewriting of national budgets if they do not contain enough cuts, if they do not achieve a sufficient degree of austerity as defined by the Commission. It imposes economic partnership programmes and enhanced surveillance, whereby countries not in receipt of so-called bail-outs will effectively be in Troika-like programmes, with cuts imposed and supervised by the Commission. This entire onslaught against democratic rights in order to ensure that austerity is carried through – a policy which is generating increased profits for the rich and increased misery for the rest – has plunged the eurozone back into recession."@en1
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