Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-439-375"
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"en.20121120.28.2-439-375"2
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I voted in favour of the resolution with recommendations to the Commission on the report of the Presidents of the European Council, the European Commission, the European Central Bank and the Eurogroup ‘Towards a genuine Economic and Monetary Union’. The Union is at a critical point, and job creation, quality employment and decent work are crucial in overcoming the current crisis. The important role played by the euro, both within the euro area and at the global level, as the second most important international reserve currency, demands a strong European response and coordinated European action to bring back growth and stability to the economy. A genuine economic and monetary union requires an increased budgetary capacity based on specific own resources which should support growth and social cohesion. We request the Commission to submit to Parliament, as soon as possible after consultation of all interested parties, with Parliament being a co-legislator, proposals for acts on following the detailed recommendations set out in the Annex to this resolution with regard to the integrated financial framework, the integrated fiscal framework, the integrated economic-policy framework and the strengthening of democratic accountability and legitimacy."@en1
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