Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-348-750"

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"en.20120215.18.3-348-750"2
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"The adoption of a road map to establish the conditions enabling the common issuance of part of the sovereign debt in the form of Eurobonds is a long-standing demand of the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament. That is why I supported the adoption of this resolution, because Eurobonds establish not only a system of responsibility and solidarity between Member States, by coming to the aid of the most indebted countries giving them access to loans at a reduced price, but also because they encourage a deepening of the economic and monetary union. What is more, they are a means of increasing the long-term stability and strength of the euro area. Eurobonds therefore represent a viable alternative to the drastic austerity measures imposed on citizens and provide a common European response to the sovereign debt crisis affecting the States and their people."@en1

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