Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-078-000"

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"Mr President, ladies and gentlemen, the words of the President of the Commission and of the President of the Council this morning are even more worrying than the conclusions of the Commission. Only one issue is being pushed, a single objective, which is financial stability and the actions necessary to guarantee it. I am certainly not going to undervalue the importance of this directive. However, it is now completely obvious that without growth, the conditions of millions of people in Europe are set to get worse. Furthermore, the undervaluation of the social effects of the recession in all of our economies is, as I was saying, really surprising and worrying. Without investments and without this trend being reversed, we risk huge social problems over the coming months. Therefore, the Eurobonds and the tax on financial transactions are not just any old instruments: they are the only path we can take to achieve a speedy change of fortunes and give hope to millions of people."@en1
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