Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-25-Speech-4-042"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20100325.3.4-042"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"Mr President, the economic crisis has had a negative impact on Member States all over the European Union. Unemployment rates have increased dramatically all over the Union, and it is young people that are suffering the most. The public funds of many Member States have declined as a result of this crisis. To deal with this issue, the Irish Government took decisive action in the years 2008 and 2009. Unchecked, Ireland’s deficit was heading towards 14% of GDP. The government’s action stabilised the deficit at 11.6% of GDP in 2010. The action taken by the government has gained recognition in international markets. Since its last budget, in December of last year, the cost of Irish borrowing, relative to benchmarking, has stabilised. In fact, I understand that at the meeting of the Committee on Economic and Monetary Affairs this week, the President of the Central Bank recognised and praised the actions of the Irish Government. In many ways, Ireland is ahead of many other countries in its fiscal adjustment. Countries such as the UK and the US, both with deficits in excess of 10%, will have to undergo significant adjustment in order to restore sustainability to their public finances. Can I say in conclusion that Ireland is still a good location for business as the fundamentals of the Irish economy are in place and we will retain our 12.5% ..."@en1
lpv:unclassifiedMetadata
lpv:videoURI

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph