Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-288-000"

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"− I am voting for this motion for a resolution because the current crisis underlines concerns that the present mechanisms will not allow the crisis to be overcome;, as the lack of coherence in achieving the five major objectives, not least as regards employment rates, is making this worse. The Annual Growth Survey and the framework of the European Semester constitute key instruments, but they should not replace nor diminish the broad economic and employment policy guidelines. We should commit to a series of measures that give visibility to the body of economic measures, which include a system of Eurobonds, a highly liquid public bond market, lower interest rates, and the creation of a European financial transactions tax to curb speculation. We should not compromise the development or creation of jobs, so I propose a stronger role for the European Investment Bank and the European Bank for Reconstruction and Development in supporting investments in infrastructure, technologies, and small and medium-sized enterprises. I would also stress that the strategy for growth and jobs cannot be threatened by the current short-term vision of budgetary consolidation: due consideration must be given to public investment in its objectives."@en1

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