Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-464-000"
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"en.20120214.21.2-464-000"2
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"Madam President, according to the Commission’s annual analysis for 2012, economic recovery in the EU is going through a period of stagnation, and economic growth is forecast this year to reach only 0.6%. The deepening of the sovereign debt crisis in the euro area is worrying. In view of this, common bonds could provide an effective tool for resolving liquidity problems. They mark a step forward towards common fiscal sovereignty between euro area Member States. Issuing stability bonds could also help provide funding at lower costs. This would have a positive impact on national markets.
The EU must devise economic and budgetary supervision measures for countries faced with severe financial instability. It is important for budgetary discipline to be enhanced."@en1
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