Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-357-968"
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"en.20120215.18.3-357-968"2
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"I have voted against the motion for a resolution on the feasibility of introducing stability bonds because I am of the opinion that the creation of Eurobonds would send out the wrong signal. Since the introduction of the euro, low interest rates have led to higher debt levels in many euro area countries. Eurobonds would take the pressure off these countries to consolidate their national budgets and implement the necessary reforms. Therefore, I believe that the introduction of Eurobonds would make the current crisis worse."@en1
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