Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-344-937"
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"en.20120215.18.3-344-937"2
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"I voted in favour of this resolution because I agree that we have to consider in detail the proposed idea of euro-denominated bonds when seeking means of ensuring stability in the euro area, in order to ensure that the euro once again becomes a strong currency and contributes towards guaranteeing the stability of the international monetary system. We are forced to consider the idea of a common issuance of bonds because the continuous strains on the euro area sovereign bond markets, reflected in widening differences in purchase and selling prices over the last two years, leads to high volatility and vulnerability to speculative attacks. However, the European Parliament is once again reiterating to the Commission and the Member States that the creation of a sustainable fiscal framework, aimed at both enhancing economic governance and boosting economic growth in the euro area, is a necessary precondition for a common issuance of bonds, and sequencing is a key issue, involving a binding road map."@en1
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