Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-042-000"
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"en.20111201.3.4-042-000"2
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"Mr President, Mr Bloom, thank you for your question. However, I already have reservations regarding the way the question is formulated, because you approach the issue in a very polarised manner. The economic situation is, in fact, fraught with crisis. If the ECB does not take a prominent role in this regard, and does not take a firm position, the situation you refer to in your question will indeed become reality. I do not think it is appropriate to ask whose money would pay for this, as the single EU monetary policy will have to provide suitable resources for this in the future. If it fails to do so, then we could indeed speak not only of the crisis, but also of the failure of the euro area, but I do not see eye to eye with you on this."@en1
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