Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-274-125"
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"en.20120613.24.3-274-125"2
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"In order to achieve economic stability within the euro area, we have adopted the ‘two-pack’: two reports which, together with the ‘six-pack’ adopted last September, complement the package of European austerity and governance reforms.
I voted in favour of the report by Mr Gauzès, which I consider crucial for achieving genuine growth. It must be Europe that sparks this growth, not only in order to launch a finance facility for the industries that drive EU growth, such as infrastructure and research, but also in order to allow Member States to maintain their commitments. The instruments for growth are: forms of debt mutualisation which could take their lead, for example, from the European redemption fund proposed by the German Council of Economic Experts in November 2011; bonds issued by the EU financial institutions, for investment in infrastructure subject to a golden rule excluding them from deficit calculations; the creation of a European system of bank deposit insurance, avoiding ‘runs’ on euro area banks. This vote is an important step towards a true monetary, economic and political union."@en1
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