Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-12-11-Speech-3-080-000"

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"en.20131211.3.3-080-000"2
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"Mr President, I think we are approaching this summit in a much better place than at any time that I have been here over the last four and a half years. Because, contrary to the prophets of doom, professor know-it-all economists, the euro has not collapsed and the European Union has not fallen apart. Instead we see the euro being secure and a return to growth, and that is something that is very welcome, and my own country is being seen as an example of success in that regard, thanks to the help we got from the European Union and others. But I would say one thing. Our debt is peaking at 124% of GDP, which is over twice what is recommended in the fiscal compact treaty and for that reason I think the application of retroactive measures in relation to our debt is very important. It was promised at the summit of 2012. If that is given to us, then we will not need a second bail-out and Ireland will continue to grow and be an example of success at European level."@en1
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