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

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The European Parliament adopted today a report on the European Semester for economic policy coordination: annual growth survey 2013. The ALDE group takes the view that current efforts on fiscal consolidation and structural...
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European Investment Bank's contribution to ending the crisis is key

07/02/2013

The European Parliament voted today on the 2011 Annual report on the European Investment Bank. The report not only assesses what the EIB has done but it also addresses the future goals this institution should target to assist the...
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SMEs: De Backer report calls for better access to finance

05/02/2013

The European Parliament confirmed today its report on improving access to finance for Small and Medium Enterprises’ (SMEs) that responds to the 2011 Commission's communication.
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