European Parliament
Willy Meyer  (GUE/NGL ),
in writing.
(ES)
I share the European Commission’s worries about the continued stress in the sovereign bond markets in the euro area. It is characterised by rising differentials, high volatility and a vulnerability to the speculative attacks of the last two years. I could even support the view that it might be helpful to issue Eurobonds for the euro area. Under no circumstances, however, can I accept their issue being subject to a budgetary framework aimed at economic governance, a binding scheme similar to the Maastricht criteria, and subject also to budgetary discipline and an increase in competitiveness, as stated in the report, nor do I understand Eurobonds as an additional means of incentivising compliance with the Stability Pact. That is why I have voted against.

