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Manon Aubry: Stability and Growth Pact
Debate: Tuesday
Vote: Aucun
The proposed reform of the Stability and Growth Pact is just a new window-dressing exercise from the Commission. Under the name of more flexibility and national ownership of debt-reduction paths, sanctions are actually strengthened and EU countries will still have to comply with the same absurd fiscal rules - to converge towards 3% deficit and 60% debt-to-GDP. As usual, this will mean cuts to public services - schools, hospitals and trains - and more unfair structural reforms undermining social security. In short, austerity is once again around the corner and people will pay the price for it. The proposal is not better at making fiscal rules fit for addressing climate change, since they do not guarantee enough fiscal leeway for states to invest massively in the green transition like they should. But what is the point of a balanced budget on a burnt planet?
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This is Europe debate with Olaf Scholz
Debate: Tuesday
Vote: Aucun
EU citizens deserve more than Olaf Scholz and his coalition blocking everything. They don't need a brake pad trying to force them into austerity. Olaf Scholz and the EU would be well advised to follow the left-wing government in Spain, which financed the higher costs of its citizens with a wealth tax, a real energy price break or an excess profit tax in 2022 and also achieved economic growth of 5.5%.
Plenary focus
May 2023
PRESS BRIEFING
European Parliament, Daphne Caruana Galizia room – LOW N-1/201
TUE 09 MAY | 11:00 CET
Journalists are welcome to question the Co-presidents of The Left in the European Parliament on issues they are covering. Physical & remote participation possible.
See @Left_EU on Twitter for more details.
with Manon Aubry (France Insoumise, France)
May 2023 v2
PDF · 05 / 05 / 2023