Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-147-000"

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"en.20110706.5.3-147-000"2
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"A third Member State has felt obliged recently to request aid from the European Union as it was unable to obtain financing. Against the current background of the public debt crisis and a fragile European economy, we need greater political and economic integration. In this respect, I welcome the report drafted on the financial, economic and social crisis, which highlights the importance of relaunching the European project. To emerge from the stalemate it is in, the European Union must make long-term investments in key areas such as education, research and the road and IT infrastructures. These measures would help boost competitiveness and counteract job losses. We need a standard taxation policy at EU level to encourage these investments. In addition, the creation of bonds to be issued jointly for part of Europe’s public debt would automatically reduce the cost of financing in the European Union."@en1

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