European Parliament
Luís Paulo Alves  (S&D ),
in writing.
(PT)
Given the unique situation of the euro area at present, with the Member States sharing a single currency without a common fiscal policy or a single bond market, and with major concern over the continuous strains on the bond markets from the sovereign debt crisis, reflected in widening spreads and enormous volatility, I am voting for this report, as I believe that the prospect of stability bonds can foster stability in the euro area in the medium term, and that the ratification of the European Stability Mechanism treaty and/or euro bills is vital, as is joint management of sovereign debt issuance.

