
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.
Merkel and debt mutualisation: "What's good for Germany can also be good for Europe"
Commenting on the agreement made yesterday between Chancellor Merkel and the Leadership of the Bundesrat (national representation of the 16 Länder governments) on the ratification of the Fiscal Compact, Guy Verhofstadt, ALDE...
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Only a structural solution to reduce Eurozone debt will end the crisis of confidence
As market speculation grows that Greece may be edging towards an exit from the Eurozone and doubts arise about the capacity of the EU's nascent firewall (€500bn European Stability Mechanism) to contain the ensuing contagion, Guy...
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Verhofstadt: EU needs a structural approach to overcome the ongoing euro crisis
Following a request from the ALDE group, the European Parliament debated today, with President Barroso the means to combat the ongoing economic crisis.
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