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This written declaration commits only those who have signed it.
Written declaration No. 471 | Doc. 12509 | 27 January 2011
For a strong and united Europe, for the future of Europe
We welcome the recent initiatives, put forward by European personalities, European parties, trade unions, think tanks and civil society organisations, which once again bring to the forefront the proposal for a reliable economic governance of the European Union and the issuance of euro-bonds.
We believe that, in the framework of this new architecture, euro-bonds can play a key role in surmounting the debt crisis, ensuring the stability of the Euro, and financing the growth of the European economy.
What we ask for is:
- to create an effective shield for the protection of the euro and the euro area countries as a whole
- to ensure equal lending terms for the debt level, creating, thus, strong disincentives for Member States to avoid exceeding these thresholds;
- to boost significantly growth and employment for all European countries;
- to take a decisive step towards economic and political integration and to restore the trust of European citizens in the future of the euro area and of Europe as a whole;
- To win the fast moving markets, keeping in mind the “time” coefficient that dictates immediate action.