Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-261-000"

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"en.20111201.35.4-261-000"2
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"I voted in favour of the report. Everyone now understands that the financial debt crisis in the region has turned into a new economic crisis in the euro area, with an exceptionally negative impact on macro-economic stability and the budgets of the Member States. The European Commission proposal, amending Council Regulation (EC) No 1083/2006 (General Regulation) and making provision for additional financial resources for EU Member States experiencing serious difficulties in managing their public debt/deficit and, hence, in safeguarding their financial stability, is a move in the right direction but does not suffice. The euro area now needs a strong political message. The forthcoming EU Summit on 9 December will have one – perhaps one of the last – chances to demonstrate the common political will of all the Member States and to take very specific measures to overcome the crisis."@en1

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