1 Amendments of Olle LUDVIGSSON related to 2017/2072(INI)
Amendment 156 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls that there are risks associated with sovereign debt;continuously lowering structural government debt and anchoring financial discipline in national law and regulations is key to further foster growth and financing of real social investments, such as paid maternity leave and vocational training, hence bolstering labour market participation and increasing tax revenues in order to strengthen public finances; notes that in some Member States financial institutions have overly invested in bonds issued by their own governments, constituting excessive ‘home bias’; takes note, in this respect, of the Commission’s ongoing work on the idea of so-called sovereign bond-backed securities (SBBS);