Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-073-000"
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"en.20120613.6.3-073-000"2
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"Mr President, last weekend, we had two different types of news on the same problem. The bad news was that the Spanish Government needs to ask for aid to rescue part of its financial system. The good news was that thanks to the fact that we belong to the EU and to the euro, Spain and its financial system can have access to this aid immediately.
The banks should indeed be rescued, but this should not cause more damage to the social rights and living conditions of the Spanish people; the banks should be rescued, but it should be done in order to save a whole generation of young people from ruin; the banks should be rescued, but with parliamentary control over how this is implemented and its effects. This does not, however, solve the problem of growth. In order to grow, we need a strong European budget, a debt redemption fund, eurobonds, more involvement from the European Investment Bank and more activity from the European Central Bank. In short, we need more Europe, a fiscal treaty, banking union and a European treasury."@en1
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