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In this context, the EGP puts forward the following propositions for consideration:In the short term, Governments have no other choice than to take action in order to prevent the collapse of the banking system by providing state guarantees or injecting capital, using taxpayers' money. Because at the same time, Governments find billions to save banks that are responsible for their problem, while they can't find the funding needed to fight starvation, unemployment, environmental degradation, the loss of biodiversity and to fund development aid, this rescue is not legitimate if not counterbalanced by a number of measures
Further, as you didn't highlight, "this rescue is not legitimate if not counterbalanced by a number of measures," so we should first investigate the counterbalancing measures. (posted in full, as it's a public doc.)
No wait, it deserves a diary. "Life shrinks or expands in proportion to one's courage." - Anaïs Nin
EGP: Economy
A green economic vision for Europe The full document and translations in DA, DE, ES, FI, FR, GR, HU, IT, MT, NL, SV
The full document and translations in DA, DE, ES, FI, FR, GR, HU, IT, MT, NL, SV
The measures they go on to suggest are:
To be Fair and AccurateTM, that's two years old (though it may still be their position).
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