European Parliament
Raül Romeva i Rueda  (Verts/ALE ),
in writing.
In favour. Among other things, the resolution welcomes the concrete steps taken by the European Council to face up to the euro zone crisis and its recognition of the need for a response that addresses both fiscal consolidation and growth; believes that the summit reflects the European Council’s approach to the challenges Europe faces, aimed at a more balanced, economically effective and socially fair anti-crisis agenda. It also underlines the significance of the euro zone’s agreement on important and substantial measures to break the vicious circle between banks and sovereign debt and to narrow the spreads among euro zone sovereign debt yields; and welcomes, in this connection, the flexible and efficient use that could be made of the existing EFSF/ESM instruments for Member States meeting their Country-Specific Recommendations and their other commitments, including the European Semester and the Stability and Growth Pact.

