Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-359-500"
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"en.20120215.18.3-359-500"2
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"Over recent months, the European institutions have been discussing the possibility of introducing stability bonds, with a view to solving the problems of the several Member States facing high interest rates when seeking finance on the international markets. In November 2011, the Commission published its Green Paper on ‘stability bonds’, with the aim of assessing the feasibility of introducing euro bills between the various countries of the euro area. I am voting for this motion for a resolution of the European Parliament, as I believe this is the right way to strengthen economic governance, to promote the efficiency of the bond market and the euro area financial system, and to ensure a more stable international monetary system. However, I consider it particularly important to make the public finances more sustainable, as this is the only way in which it will be possible to establish better conditions for introducing stability bonds. Finally, I believe that these bonds could contribute to greater stability in the euro area in the medium term, and that the Commission now needs to table concrete proposals to address the current sovereign debt crisis."@en1
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