Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-225-812"
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"en.20111013.19.4-225-812"2
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"The importance of the European Council is clear because it must finally and decisively show the way forward. Given the importance of this Council, I believe that it should pay exclusive attention to economic policies. Consequently, during the Council, the President of the Commission should table a comprehensive plan with a clear road map setting out distinct phases for its implementation. Above all, we need to discuss in detail an EU plan for the recapitalisation of European banks which would enable us to react promptly to recapitalise lenders affected by the credit crunch in the euro area and organise new stages of financial assistance. Another clearly important topic for discussion at the Council is a European growth, investment and jobs plan that should also include project bonds. Moreover, ways of improving Member States’ efforts to coordinate and harmonise elements of their tax systems, including measures against tax fraud, evasion and avoidance, should also be discussed. Proposals to complete the overhaul of financial market regulation to make the EU economy more resilient to future crises must be considered as a matter of urgency. Particular attention should also be paid to a report on the setting up of a system of issuance of European sovereign bonds."@en1
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