Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-400-937"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-07-04"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20120704.25.3-400-937"2
lpv:hasSubsequent	lp_eu:2012-07-04-Speech-3-400-9682
lpv:speaker	lp:Louis Michel2
lpv:spokenAs	member; LIBE (2012-01-19--2014-06-30)3 member; Delegation to the Cariforum — EU Parliamentary Committee (2010-06-16--2014-06-30)3 unknown; Mouvement Réformateur (2009-07-14--2014-06-30)3 member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3 substitute; DEVE (2012-01-19--2014-06-30)3 co-president; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-17--2014-06-30)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3
lpv:translated text	"The measures taken at the European Council meeting are heading in the right direction. I welcome the significant progress that has been made on banking union and the assistance given to Italy and Spain. I do, however, fear that the growth measures are not yet sufficient. I also welcome the transfer of the supervision of the banks in the euro area to the European Central Bank (ECB). We had to take this step towards banking union. However, I regret that no progress has been made on the question of pooling debt. No progress on Eurobonds. Yet I believe that part of the solution is to be found in creating Eurobonds. The European Union, unlike the Member States, is not in debt. That being the case, investors would have liked to see a Community debt replacing national public debts. The creation of these long-term bonds refused by Angela Merkel, much as she refuses ‘euro bills’ (short-term bonds), would have helped the Member States to boost growth."@en1

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