Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-066"
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"en.20101020.3.3-066"2
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"Mr President, Commissioner, members of the Council, in the last two years, very many people in the European Union have suffered, suffered directly as a result of the crisis. No small number of people in my own country, Latvia, have also suffered. A 20% reduction in economic turnover, and an equally steep increase in unemployment. My countrymen and women understood that in these extraordinary circumstances, extraordinary solutions had to be adopted. What have these solutions been? In order to restore our public finances, the people of my country, Latvians, have patiently suffered a reduction in salaries of more than 30%, coupled with tax increases. As a result, stability in our finances has been brought about in Latvia. So why my indignation? I am indignant when I read today that Germany and France, far from wishing to strengthen financial supervision in the European Union, wish, in fact, to weaken it. Would this then mean that my countrymen’s and women’s work would have been in vain? Ladies and gentlemen, we cannot allow such a situation, in which some large Member States wish to continue to live irresponsibly, to prevail. We must strengthen the Commission’s proposal, so that Europe can have strong financial supervision. Thank you for your attention."@en1
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