Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-344-968"
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"en.20120215.18.3-344-968"2
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"I voted against this report as it is an economically illiterate attempt to introduce Eurobonds by the back door, prioritising collective euro area debt over the restructuring and recovery of national debts. National debt should remain one of the most important aspects of national economies and is the burden of the domestic government involved. At a time of economic hardship, the UK cannot afford the introduction of so-called stability bonds, which are supposed to foster stability in the euro area in the medium term and would be achieved by the use of Member State contributions, including a sizeable British contribution to the budget. I cannot agree to the use of Welsh taxpayers’ money to support the failing single currency when constituents are suffering economic hardships of their own. It is not right that the UK should be contributing towards paying off the debts of bankrupt euro area economies in order to resuscitate the EU’s single currency ambitions."@en1
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The resource appears as object in 2 triples