Taking responsibility

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Rethinking the Budget introducing own resources

In order to provide greater investment in areas where it is most needed, and to make use of the huge economies of scale the Union can provide, some form of EU long term financing is required. More specifically, the question of the Union's revenues needs to be addressed. The long overdue budget review is required in order to overhaul the Union's financial system. The only way to end the entrenched debate between those countries that contribute and those that receive is the introduction of genuine own resources. This will also involve the citizens directly with the European budget debate.

The euro is also of vital importance and in the crisis has proved that the Union stands stronger together. We need to move fast towards the extension of the euro zone thereby bringing much needed stability to some of our newer Member States. Whilst investment in infrastructure is currently required in order to pull us out of recession the precept of the stability pact must not be forgotten and all Member States must demonstrate their commitment towards renewed fiscal rectitude.

News

Verhofstadt: Merkel and Sarkozy threaten the continued existence of the Euro

30/11/2011

At a debate today in the European Parliament, Guy Verhofstadt urged the leaders of France and Germany to set aside short term national interests in favour of the survival of the EU:
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European Stability Mechanism : one more insufficient step in the right direction

23/03/2011

It's with bitter-sweet satisfaction that the European liberals and democrats welcome the compromise made on the European Stability Mechanism (ESM) which should be formally recognised during the European Summit on March 24th and...
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Gouvernance économique: discipline et incitation

24/01/2011

Le débat qui s'est déroulé aujourd'hui au sein de la commission parlementaire des Affaires économiques et monétaires sur le paquet renforçant le Pacte de stabilité, conforte la volonté commune de faire pression pour une réforme...
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