beyond union budget we proposed that this mechanism be based on guarantees provided the member which would be channelled through this mechanism for countries were in a financial of financial instability over thet
Beyond the Union budget we proposed that this mechanism should be based on loan guarantees provided by the Member States, which would be channelled through this mechanism for countries that were in need of financial assistance because of financial instability over the euro area as a whole.
Beyond Union budget we proposed that this mechanism be based on guarantees provided the Member which would be channelled through this mechanism for countries were in of financial of financial instability over the euro area as a