Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-353-000"

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"I voted in favour of the European Parliament’s resolution on the feasibility of introducing stability bonds, following on from the Green Paper launched by the Commission on this subject. These famous ‘Eurobonds’ are one of the options to foster stability in the euro area in the medium term, but they are not a single solution to the problems we are now faced with and, in particular, the sovereign debt crisis in Europe. Of course, the necessary prerequisite is to implement enhanced economic governance, to continue the consolidation of public finances through common budgetary discipline, and to step up convergence of our economic and budgetary policies. Once these principles are established and the implementation of the financial stability treaty has been completed, it will be possible to jointly issue bonds, which will be useful and viewed as such by the countries of the European Union. Furthermore, technical issues, primarily regarding the issue of debt segmentation, remain to be resolved."@en1

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