Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-402-937"
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"en.20120704.25.3-402-937"2
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"I voted for the motion for a resolution on the June 2012 European Council meeting. We welcome the Council’s acknowledgement of the need to adopt measures aimed at economic growth. We should stress the significance of the agreement reached by the leaders of the euro area on important and substantial measures to break the vicious circle between banks and sovereign debt, and to narrow the spreads among euro area sovereign debt yields. We also welcome the Compact for Growth and Jobs, especially the decision to mobilise EUR 120 billion to stimulate investment, economic growth and employment, and the call for differentiated, growth-friendly fiscal consolidation, which gives due consideration to the role of investment. This pact is a step towards the necessary revitalisation of sustainable economic growth-orientated public and private investment in Europe, particularly geared towards achieving the Europe 2020 strategy targets, and in particular towards resource efficiency and sustainability, as well as completion of the internal market. Given that the EU budget ought to become a tool for economic growth, we call on the Commission and Member States to make tangible progress towards an agreement on the future multiannual financial framework (MFF) for 2014-2020."@en1
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