Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-187-000"

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"en.20120613.24.3-187-000"2
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"Madam President, budgetary discipline is necessary for the stability of our common currency and the credibility of the euro area if we are to achieve viable growth and employment. The Gauzès and Ferreira reports strengthen this framework, especially the preventive aspect. The current crisis in the euro area proves how important it is that we prevent budgetary derailment in the Member States. That is why the New Democracy group voted in favour of these reports. At the same time, our group voted in favour of Amendments 27 and 67 on eurobonds and the creation of a redemption fund for joint debt coordination and management, with responsibility shared among the Member States. The creation of a growth facility is an important element in those amendments. It is high time for, and we urgently need, ambitious policies and instruments at European level that will stimulate investment and growth initiatives and generate exponential value and stability in the Member States’ initiatives and policies to increase growth and employment rates."@en1
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