Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-14-Speech-2-441"

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"The President of the Commission has given fulsome answers on WikiLeaks. Can I ask him about something on which his views have not yet been leaked by WikiLeaks? President, you answered questions on the issuance of Eurobonds to provide current spending for governments. I understand and I share some of the concerns expressed about such a course of action. However, do you not recognise the capacity for borrowing which exists as a result of the sound management of the euro? Since Mr Oettinger tells us he needs EUR 1 000 billion over 10 years for energy infrastructure investment – that is about EUR 100 billion a year to help tackle the twin challenge of climate change and energy security – and since that would be extremely ambitious for the European Investment Bank to take on, could you not bring forward proposals for the issuance of Eurobonds to finance investment in infrastructure rather than to finance current government spending?"@en1
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