Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-999"

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"en.20090325.2.3-999"2
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"I wish to express my support for the decisions adopted at the recent European Union summit held in Brussels. What is particularly welcome is the necessary decision to increase the emergency fund from EUR 25 billion to EUR 50 billion. This is a fund created specially for Member States in Central Europe which are faced with a balance of payments crisis. Based on the measures adopted to protect states in the euro area against the global crisis, this decision provides concrete proof of the EU’s solidarity and its ability to help states outside the euro area to overcome the economic crisis. After Hungary and Latvia, Romania has become the third EU Member State to resort to the emergency fund as it was affected by a significant current account imbalance and an inability to obtain new loans from foreign creditors. EU institutions have a duty to meet the expectations of European citizens who are deeply affected by the crisis. Only European solidarity, transatlantic cooperation and effective measures can help overcome the global crisis."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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