Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-350-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
lpv:document identification number	"en.20120215.18.3-350-500"2
lpv:hasSubsequent	lp_eu:2012-02-15-Speech-3-351-0002
lpv:speaker	lp:Kent Johansson, Marit Paulsen, Olle Schmidt and Cecilia Wikström (ALDE )2
lpv:translated text	"It is our conviction that a system of permanent joint liability for sovereign debt is no short-term solution for the euro area. There are a number of issues concerning moral hazard, incentives, impacts on interest rates and legal constraints that, to date, have not been investigated properly by the Commission. When the debt crisis has been resolved in the euro area and the Member States have reduced their budget deficits, such a system could be evaluated. There are, however, necessary strict preconditions that have to be met for a common issuance of bonds; for example, a culture of stability must have been credibly established in the euro area and a sustainable fiscal framework needs to be in place, aimed at ensuring both enhanced economic governance and economic growth in the euro area."@en1
lpv:unclassifiedMetadata	"Kent Johansson, Marit Paulsen, Olle Schmidt and Cecilia Wikström (ALDE ),"1 "in writing."1

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