European Parliament
(B7-0022/2012)
Elena Băsescu  (PPE ).
(RO)
Madam President, according to the Commission’s annual analysis for 2012, economic recovery in the EU is going through a period of stagnation, and economic growth is forecast this year to reach only 0.6%. The deepening of the sovereign debt crisis in the euro area is worrying. In view of this, common bonds could provide an effective tool for resolving liquidity problems. They mark a step forward towards common fiscal sovereignty between euro area Member States. Issuing stability bonds could also help provide funding at lower costs. This would have a positive impact on national markets.
The EU must devise economic and budgetary supervision measures for countries faced with severe financial instability. It is important for budgetary discipline to be enhanced.

