Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-118"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Hour with the President of the Commission2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20091215.13.2-118"2
lpv:hasSubsequent	lp_eu:2009-12-15-Speech-2-1192
lpv:speaker	lp:Guy Verhofstadt2
lpv:spokenAs	unknown; Open Vlaamse Liberalen en Democraten (2009-07-14--2014-06-30)3 member; Conference of Presidents (2009-07-14--2014-06-30)3 chair; ALDE (2009-07-14--2014-06-30)3 member; AFCO (2009-07-16--2012-01-18)3
lpv:translated text	"Mr President, my question concerns the situation in Greece. This situation is very alarming, of course, with a government deficit of 12.7% and government debt poised to exceed 130%. This is exactly the situation I found in Belgium when, at a young age, I became Minister for the Budget in 1985. The figures were exactly the same – I shall never forget them – 12.7% government deficit. Clearly, then, Greece will have to work hard and implement reforms it has not implemented to date. Yet we, too, can do something, President Barroso. We can enable the costs associated with the government debt of the various Member States to fall by installing, at long last, a European bond market that would cover a large proportion of this government debt. We are currently paying several hundred billion euro too much in interest on our government debt owing to the fact that there is no European bond market and all the bond markets are still segmented, with an enormous shortage of liquidity. My question is whether you will take the initiative in this matter and launch such a European bond market at long last. This would not obviate the need for Greece to make an effort itself, but it could help."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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