Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-458-000"
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"en.20120214.21.2-458-000"2
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"Madam President, along with the tax on financial transactions, stability bonds are the only concrete proposal that has emerged in recent months in order to be able to return to speaking about growth and development, and not just rigour and austerity.
We need resources to restore oxygen to the European economy and, in order to restore faith to the market, consumers and businesses, we need a new shared economic, fiscal and financial project. We need new projects to support employment and fight against youth unemployment. Or do we think we can solve all our problems with the EUR 82 billion – announced with so much media hype during the last European Council – which are nothing other than structural funds that have not yet been used by Member States? I believe we all know that we cannot carry on speaking just about sacrifices and cuts to the people of Europe.
To sum up, I would like to address my German fellow Members. I think that at the moment no one can save themselves without help and therefore if stability bonds are not the cure, Germany will also have to take care, because if the crisis spreads then this well-behaved country will also have to pay the cost."@en1
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