Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-314"
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"en.20091215.18.2-314"2
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"Mr President, I should like to begin by congratulating the promoters of this debate, because it really is very important that we discuss the situation of economically weaker countries and countries outside the euro area. That is particularly so at a time when we are discussing strategies for coming out of the crisis, when we will have to bear in mind the different situations the various countries are facing. The situation is difficult in many economies in Eastern and Central Europe, but things are now starting to become difficult in many economies in the western part that are inside the euro area. My country, Portugal, is an example. The strategy must take account of the various situations, which differ from one country to another.
Several different paths can be taken. It is extremely important to have a suitable monetary and budgetary policy, if possible, one that is increasingly determined by political criteria that take into account the need for liquidity for companies and small and medium-sized enterprises, that do not create or perpetuate obstacles that are very difficult for countries outside the euro area to overcome, and that exert pressure on national governments to carry out the medium- and long-term reforms that are needed. To conclude, we have to move on from words to deeds. Cohesion has to be effective."@en1
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