Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-14-Speech-2-442"
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"en.20101214.35.2-442"2
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"Mr Watson, I did not come here to ‘WikiLeak’ with you! You already know my position on this issue. In my State of the Union address to you, I mentioned that I will make proposals for Eurobonds, taking the shape of project bonds specifically for infrastructure. These would not be for Member States to have more debt or to cover excessive debt – because we have a problem with excessive debt in Europe – but specifically to fund some important infrastructure projects, mainly with the support of the European Investment Bank – as you correctly said.
This is very much on the agenda and in our financial perspective. In June, we will make some concrete proposals on this issue. Let us try to build the necessary consensus, because I think that this is one of the ways to address our current problem. There are very important constraints on the budgets of our Member States and, at the same time, we need financing for some truly European projects."@en1
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