Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-467-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Feasibility of introducing stability bonds (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20120214.21.2-467-500"2
lpv:hasSubsequent	lp_eu:2012-02-14-Speech-2-467-7502
lpv:speaker	lp:George Sabin Cutaș2
lpv:spokenAs	member; ECON (2012-01-19--2014-06-30)3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3 substitute; INTA (2012-01-19--2012-11-20)3 substitute; Delegation to the Cariforum — EU Parliamentary Committee (2010-09-07--2014-06-30)3 substitute; Delegation for relations with Iran (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 unknown; Partidul Social Democrat + Partidul Conservator (2009-07-14--2014-02-25)3
lpv:translated text	"I think that the risks facing Member States on the financial markets need to be pooled. In a situation where France is facing the threat of having its rating downgraded by credit rating agencies and Germany was faced a few months ago with increased problems in financing itself, refusing to implement Eurobonds will clearly only exacerbate the current situation for all EU Member States. Creating a single Eurobond market, while also setting targets for reducing Member States’ debts under the supervision of the European executive, would help make the euro more stable, increase liquidity and achieve significantly lower interest rates. A single currency cannot operate without a common bond market and a common fiscal policy. In fact, the euro has the potential required to become a global reserve currency. Against this background, I welcome the initial proposal from the European Commission on stability bonds. Following consultations, it must quickly present a road map for launching this tool."@en1

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