Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-25-Speech-4-205"
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"en.20100325.34.4-205"2
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"The financial, economic and social crisis has caused the Member States of the European Union great difficulties, reflected by the serious situation of their public finances. The majority of countries have excessive levels of debt, so measures contributing to stability and growth are needed urgently in order to achieve a more balanced situation.
The reduction of public debt and the reviewing of Member States’ priorities are essential in order for public funds to be applied efficiently and, in particular, to create the basis for policies that foster economic growth and, consequently, social well-being. The reviewing of tax policy is essential in order for suitable economic stimuli to be introduced, because only with a strong economy will it be possible to overcome the present difficulties and prepare for the future."@en1
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