Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-059"

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"Madam President, ladies and gentlemen, I think it was a mistake, above all on the part of the Commission, to underestimate the extent of the crisis initially, and that it is a mistake today to repeat ourselves at summits that produce declarations of principle but are not followed by coherent and practical decisions. The responses given by our reports to the very serious problems of the European public are convincing and up to the task. The House is called on, however, to bridge a gap by introducing the Eurobonds instrument, repeatedly advocated by Mr Mauro, myself and almost 200 Members, an instrument – perhaps the only one – able to generate the financial resources that our lifeless budget does not have, to fund crisis measures, trans-European networks, clean energies, research and broadband, the fight against poverty and the Erasmus scheme for young people. The great Jacques Delors – I shall finish here – has shown us the way. Let us follow it with courage."@en1
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