This is the highest pool of capital that we have ever seen sitting in bank accounts in short-term notes, long-term notes and federal bonds.

43. Stresses that following the implementation of short-term measures to exit the crisis, and among the first steps of the binding roadmap, any follow-up must be undertaken on the basis of the ordinary legislative procedure, with full democratic accountability to be held on the level where the decision is taken; points out to the Commission that it may, when preparing its proposals, establish a temporary body composed of Members of the European Parliament and representatives of the Member States and of the ECB; recalls that it will make full use of its prerogatives and rights of initiative, including its right to initiate Treaty change; takes the view that this body should also look at the possibility of issuing genuine ...[+++]federal bonds in conjunction with an enhanced European budget;

43. Stresses that following the implementation of short-term measures to exit the crisis, and among the first steps of the binding roadmap, any follow-up must be undertaken on the basis of the ordinary legislative procedure, with full democratic accountability to be held on the level where the decision is taken; points out to the Commission that it may, when preparing its proposals, establish a temporary body composed of Members of the European Parliament and representatives of the Member States and of the ECB; recalls that it will make full use of its prerogatives and rights of initiative, including its right to initiate Treaty change; takes the view that this body should also look at the possibility of issuing genuine ...[+++]federal bonds in conjunction with an enhanced European budget;

F. whereas no federal state (including the United States and Germany) issues the equivalent of eurobonds such as foreseen in options 1 and 2 of the Green Book, something which elevates eurobonds to the level of a totally new concept that cannot be compared with the tried and trusted US Treasury Bonds and German Bundesanleihen;

6. Points out that stability bonds would be different from bonds issued by federal states such as the USA and Germany and cannot therefore strictly be compared to US treasury bonds and Bundesanleihen;

6. Points out that stability bonds would be different from bonds issued by federal states such as the USA and Germany and cannot therefore strictly be compared to US treasury bonds and Bundesanleihen;