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EU wants to govern national budgets when it cannot manage its own
Date 19/05/2010 14:29  Author webmaster  Hits 1865  Language Global

 VIDEO
•  Speaking in the Strasbourg Hemicycle today, UKIP MEP Marta Andreasen said that although "the EU bureaucracy immediately looks around to find someone to blame, the fact is that it is this bureaucracy that is responsible for the crisis because it brought countries into the Eurozone in the knowledge that their economies were not up to speed."


"The hedge funds may be taking advantage of the situation but they did not cause this crisis," Ms Andreasen added during the debate on 'reinforcing (EU) economic governance'.



"The EU now demands cost reductions. But is it realistic to expect the cost of the public sector in Greece to be reduced if 20% of the working population is employed by the state and 50% of SMEs have the state as its only client?

"Now a rescue package has been put forward but the reality is that most of the countries supposed to contribute to it do not have the money to do so. Such is the case with the UK."

At this point, the microphone was switched off by the Parliament's President, Jerzy Buzek, as the allotted time had elapsed. The following are Ms Andreasen's concluding remarks:

"In any case the EU always takes the opportunity to increase its powers and will now intervene in our own national budgets when it cannot properly manage its own budget."

Full transcript:

Thank you Chairman, Colleagues,

 
We can all recall the pompous presentation on the 2020 strategy made by the Spanish Prime Minister early this year.
 
However Spain is now following Greece with a deficit of 11% of GDP.
 
The EU bureaucracy immediately looks around to find someone to blame but the fact is that it is this bureaucracy who is responsible for the crisis because it brought countries into the Eurozone in the knowledge that their economies were not up to speed!  Or do we employ 1,000 people in Eurostat just to be a data collector?
 
The hedge funds may be taking advantage of the situation but they did not cause this crisis.
 
The EU now demands cost reductions. But is it realistic to expect the cost of the public sector in Greece to be reduced if 20% of the working population is employed by the state and 50% of SMEs have the state as its only client?
 
Now a rescue package has been put forward but the reality is that most of the countries supposed to contribute to it do not have the money to do so. Such is the case with the UK.
 
In any case the EU always takes the opportunity to increase its powers and will now intervene in our own national budgets when it cannot properly manage its own budget.
www.ukip.org
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