The Implications for the Scottish Economy of the Current Eurozone Situation

That the Parliament recognises the challenges in the eurozone and the importance of a resolution to these issues for the Scottish economy; supports the efforts of EU member states and the European Commission to restore growth to the eurozone and welcomes the increasing focus on growth over austerity; recommends that instruments used to encourage growth in the eurozone are prioritised as part of the solution to the crisis; calls on the UK Government to respond to the increasing calls for a growth stimulus as, without growth, austerity is self-defeating, and therefore calls on the UK Government to respond positively to the Scottish Government’s proposal for £300 million of shovel-ready projects, which will support jobs and growth across Scotland.