Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-304-000"
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"en.20120613.24.3-304-000"2
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"The European People’s Party (Christian Democrats) is pleased that the ‘two-pack’ has been approved. We are hoping to get the negotiations with the Council off to a quick start now in order to finalise the dossier even before summer. My group is also satisfied that essential elements of the fiscal treaty have been included in the ‘two-pack’ and that the Growth and Stability Pact will remain in full force. Budgetary vigilance remains necessary in order that we can restore trust, but also in order that we do not leave our debts of today for tomorrow. Parliament will not only vote today on the strengthening of budgetary coordination; it will also send out a signal that it is time to make progress in the field of budgetary integration as well.
A debate on the merits of feasibility and timing of, and conditions for, instruments for joint debt issuance – eurobonds, temporary redemption fund or variants thereof – is in order. We welcome this debate if it is conducted seriously and if the proposals do not lead to more problems than they solve. Confidence will remain the keyword for the coming months and years, the required bridge between savings and growth. Persisting with a European strategy of confidence, i.e. a commitment to sound public finances, a healthy banking system, economic growth and employment and a socially just society: that is the best way out of the crisis."@en1
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