Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-402-875"

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"en.20120704.25.3-402-875"2
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"Europe’s leaders have taken a significant series of decisions intended to promote greater economic solidity and sustained growth in Europe. In the context of the sovereign debt crisis and of ever-more pronounced weaknesses in the financial sectors of various European countries, we need to continue controlling the existing macroeconomic imbalances, and to stimulate growth and job creation. I would congratulate the Council on the decisions taken, especially because it set out some new conditions for European financial-stabilisation funds, particularly the possibility of buying public debt directly from secondary markets, replacing the European Central Bank for short-term transactions and directly recapitalising banks. I also consider the adoption of the Compact for Growth and Jobs very positive, along with the setting out of a road map towards smart, sustainable and inclusive growth, comprising actions to be taken at national and European level in the context of the Europe 2020 strategy."@en1

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