Watch videos with subtitles in your language, upload your videos, create your own subtitles! Click here to learn more on "how to Dotsub"

Farage: The wheels are coming off the Eurozone

0 (0 Likes / 0 Dislikes)
Farage: The wheels are coming off the Eurozone Well, that's the 19th crisis summit that Mr Cameron's been to. As the Rolling Stones might say, the 19th nervous breakdown, and that's reflected I think by the funereal mood in this Chamber this morning. Yes, on that Friday morning ‘breakthrough’ was cried, and indeed Mr Van Rompuy parroted the word this morning: ‘breakthrough’. Nobody believes you. The wheels are coming off. This European Stability Mechanism, your new bailout vehicle, is doomed before it starts. We have legal challenges in Ireland and in Germany. We have the Estonian Justice Minister saying it won't fit their constitution but – most fun of all – the Finns and the Dutch seem to have broken the agreement that was made in the middle of the night. Perhaps they were excluded from this, perhaps the little countries don't have a say in Europe at all any more. It's not credible. And I think the euro crisis now looks to me to be frankly insoluble. And there's also a massive crisis of leadership. It is lovely to see you, Mr Van Rompuy. You've not been here for many months; it is delightful to have you back. Last time you were here you told us we had turned the corner, that the worst of the crisis was over. With every one of your predictions it goes on getting worse. I am sorry, sir: you don't have the presence, the credibility or the standing for the international markets to believe that you can provide a solution. And Mr Barroso here: at the G20 when he stood up at the press conference and said that we don't need any lessons in democracy – said the unelected President of the European Commission. I mean, he went on to say that the eurozone’s problems had been caused by unorthodox practices in North America. You've made yourselves an international laughing stock. You don't have any credibility. But one piece of helpful advice from me: don't this summer go on any billionaires’ yachts on extended holidays, because the markets guarantee we'll all be back here in August. Thank you. :: ::

Video Details

Duration: 2 minutes and 23 seconds
Country: France
Language: English
Genre: None
Views: 4,371
Posted by: mmister on Sep 5, 2012

Farage: The wheels are coming off the Eurozone - 'Hold the holidays, we'll be back in August'.

Caption and Translate

    Sign In/Register for Dotsub to translate this video.