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Verbatim report of proceedings
Wednesday, 15 February 2012 - Strasbourg OJ edition

Explanations of vote
MPphoto
 
 

Text tabled : B7-0016/2012

  Alexander Graf Lambsdorff (ALDE), in writing. – The FDP Delegation has abstained in today’s vote on the motion for a resolution on the feasibility of introducing stability bonds. We believe that the introduction of Eurobonds would set the wrong incentives. Since the introduction of the euro, low interest rates have led to a substantial increase in debt levels in many eurozone countries. Eurobonds would take the pressure off highly indebted eurozone Member States to consolidate their budgets and introduce much needed structural reforms. Therefore, we believe that Eurobonds would aggravate, rather than alleviate, the current crisis. However, we did not vote against the resolution as many of our concerns have been taken on board by the rapporteur.

 
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