Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-545-375"

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"In your statement on the state of the Union, Mr Barroso, which you made on 28 September this year, you stressed, and I quote: ‘Greece is and will remain a member of the euro area’. In view of recent events in that country, I hope the European Commission is continuing to give strong support to the above commitment and will firmly resist attempts to exclude Greece from the euro area and/or the European Union. In my opinion, the one solution to this crisis situation can only be European consolidation and united action. I hope that this very purpose will be served by the European Financial Stability Fund which is being set up and the European Stability Mechanism. It now depends on the Commission to ensure that these mechanisms are sufficiently strong and flexible to cope with the current and future crises. I would also like to express my support for the creation of Eurobonds, which, in my opinion can play a key role in stabilising the euro and restoring confidence in the common currency. In view of the fact that the introduction of Eurobonds will require changes to the present Treaty on European Union, I trust that the Commission will keep Parliament regularly informed about a future plan of action in this area. My final remark concerns the financial transaction tax proposed by my political group a year ago now. This is another innovative proposal which could contribute to a reduction in the burden of savings which, unfortunately, is mainly going to affect ordinary citizens."@en1

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