Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-326"

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"en.20091215.18.2-326"2
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"Romania and Bulgaria are feeling the full impact of the global economic recession which has hit the last two countries to join the European Union, against the background of a disparity with the developed economies of the other Member States. The latest Eurobarometer survey highlights that the populations of both countries state that they are very greatly concerned about their countries’ economic path of development, as well as about the way in which the crisis is affecting every citizen personally. On top of the conclusions of the Eurobarometer survey, the crisis’s impact, in the middle of winter, is only going to get worse. National governments have the duty to adopt the best measures to enable them to get through the winter without any drastic social consequences. The International Monetary Fund and the European Commission have been involved in helping Romania and Bulgaria, both financially and through providing expertise, by setting certain macroeconomic indicators. Greater involvement by the European Commission in stabilising the Romanian and Bulgarian economies will have a beneficial impact across the whole of the European Union, which cannot afford any major imbalances at the moment. All of the European Union’s Member States are being affected by the different aspects of the crisis. However, it is evident that the new Member States are going through more difficult times than the well-tuned economies of the old Member States. Solidarity is one of the European Union’s fundamental values, and an economic recession is a good time to show it."@en1

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