Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-070"

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"en.20101215.5.3-070"2
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"Madam President, we are debating a proposed financial stability instrument for the eurozone – an instrument which should help our friends from countries which are currently unable to pay their debts. Everyone here is talking about creating a common financial stability mechanism guaranteed by all eurozone countries, and we expect those who have managed to keep their debts under control to show solidarity with those who have not yet managed to do that. After experiencing the solutions to date for assisting Greece and the one-off protective bulwark erected last time, I wonder what would happen if the financial wizards from the markets picked up their calculators and began working out the actual worth of the solution and discovered that not even this was reliable enough to make them willing to risk investing their money in the area? I wonder if we have any subsequent solutions and subsequent steps prepared? The credibility of the solution at this point in time, according to this scenario, is very low."@en1
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