Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-292"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20090311.30.3-292"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"The main problem created by this crisis is the rise in unemployment, a situation which can only be reversed by increasing investment.
In order to increase investment, we need credit to be accessible and cheap, but everything is pointing to the fact that, for the time being, this will be scarce and much more expensive for the most vulnerable countries, such as Portugal.
These countries are facing increased financing difficulties, which is why I clearly support the possibility of having, in the eurozone, a single central issuer of European public debt. For that matter, this is the scenario which is most compatible with the long-term sustainability of the euro.
In the current circumstances, it is vital to reinvigorate the European credit market by granting responsible loans to viable businesses and to families.
The financial assistance given to banks and businesses must also be well-directed, temporary, transparent, guaranteed in cost-benefit terms and strictly controlled.
The solidity and solidarity of the European project may be at stake and we must therefore act in a coordinated manner and respect the rules of the internal market, without allowing any protectionism.
I support the report on the European Economic Recovery Plan presented by my fellow Member, Elisa Ferreira, as I agree with the general lines of its approach."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples