Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-11-21-Speech-1-047-000"
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"en.20161121.12.1-047-000"2
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"Madam President, each time Mario Draghi visits this Parliament I eagerly look forward to it. He tells us how well the eurozone is functioning and how strongly the economic recovery on the European continent is going along. Nothing could be further from the truth. The macroeconomic forecasts about growth, productivity and employment rates are painfully low. In 2015 the youth unemployment rate in Greece, Spain and Italy was reaching levels of 40% to 50%. The gap between the countries in the North and the South of the eurozone is becoming even bigger. Only naive euro-federalists believe that the euro is good for the citizens and that the euro project is creating wealth and economic growth.
Mario Draghi and his European Central Bank are ruining this continent. Mr Draghi, you still believe, with your unconventional monetary policy, that you are stabilising the economy. But, in reality, you are creating massive financial bubbles that will burst sooner or later and will trigger a new financial crisis. As a consequence, the political groups in this House that are still supporting the crazy monetary policy of the ECB are taking a monstrous responsibility. It was the libertarian philosopher Ayn Rand who wrote, ‘You can avoid reality, but you cannot ignore the consequences of avoiding reality’. Even the former EU Commissioner Frits Bolkestein, who created the internal market, said last weekend in the Dutch and Flemish press that the euro will die in the next few years, and he is right.
We in Great Britain do not want your fairy-tale politics any longer. That is the reason why, as Great Britain never wanted to join the euro project, we are now leaving. Great Britain has had enough of the single market and that is the reason why we will leave the European Union – the sooner the better. Scotland will go with us too, despite the fantasies of our First Minister."@en1
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