Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-09-10-Speech-2-371-000"
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"en.20130910.46.2-371-000"2
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"Madam President, from Britain, from the House of Lords, our upper Chamber, I have received a note today of an inquiry they have launched into Europe’s young jobless. They note that the EU is going to spend EUR 8 billion over the next six years and they want to know if that will add any value to all these proposals.
They note also that there is a brain drain in Europe and what are we going to do about it, with young people, without a job, leaving in such great numbers for work elsewhere? We all know that Spain has got something like 50% unemployed: 280 000 young people left Spain alone last year to seek their fortunes either in the rest of Europe or in South America. It is no coincidence that Spain, together with several other southern European countries, is struggling.
Ireland, Portugal, Greece and others: what have they in common? The euro: a strait-jacket which is robbing them of their economy. No wonder they are in trouble; no wonder they have high youth unemployment. Let them sort out their own salvation with their own former currencies restored. It may lead to low-wage economies but then you have to answer the question: do you want a low-paid job or no job at all?"@en1
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