Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-12-Speech-2-044"

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"Mr President, it goes without saying that I can support the guidelines in general terms, but I would wish to observe that it is, in my view, to be welcomed that the EU is preparing well for the planned enlargement. We must not, though, overlook the fact that the costs of this should not mushroom, as explosive growth in cost would jeopardise Europe's stability and that of the euro. This would happen, for example, if enlargement were to increase the burden on the Member States' budgets still further. Support should also, of course, be given to agricultural reforms redirecting resources from the market promotion to rural development. A particular concern of mine continues to be the reinforcement of small and medium-sized businesses, and so I hope that Amendment No 5, which deals with this, will be adopted by a large majority, so as to prevent the implementation of Basle II having adverse effects on SMEs."@en1

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