Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-054-000"
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"en.20120612.5.2-054-000"2
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"Mr President, ladies and gentlemen, here we are once again, debating new measures just a few months after approving similar legislation. It is like watching a continuous chase to try to recover a situation that has now become almost desperate. I do not believe that we can resolve this tragic situation the euro area has got itself into by putting straitjackets on Member States or even by proposing legal protections.
If we want to keep economic and monetary union alive, we must also find tools for growth, such as eurobonds, or some form of measures that will encourage investment. The euro has brought benefits to the few and huge problems to many. Some Member States, such as Germany, should understand this situation better and accept some compromises, as other countries have done in the past. If this does not happen, economic and monetary union may also end here, and we would definitely not have many regrets. Indeed, Germany itself may end up being the country most affected."@en1
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