Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-988"

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"en.20091215.18.2-988"2
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"The countries of Central and Eastern Europe have felt the effects of the economic crisis exceptionally hard. Falling economic indicators were a reality of the last year in many countries, and not only in our region. However, it should be stressed that different countries coped with the crisis with differing degrees of success. The clear leader of countries in the region with favourable results is Poland. As Mr Almunia admitted during the debate, Poland is the only country to have avoided a recession, maintaining a positive growth dynamic throughout the crisis. Despite the fact that the economic situation in the region is slowly stabilising, it is worth thinking about what measures should be taken to restore economic growth and avoid similar turbulence in the future. In the short term, the governments of the countries concerned should adopt more resolute strategies of escape from the crisis. They need to balance budget expenditures, actively fight unemployment and social exclusion, and create conditions for the development of businesses, on the one hand, and conditions for an increase in demand, on the other. Equally as important as action at national level is external help. European and international financial institutions should establish a special credit line for small and medium-sized enterprises and for the support of infrastructure projects. These measures would certainly bring a growth in employment and an improvement in the social situation. In the long term, the best solution seems to be entry to the euro area and creating the conditions for balanced and stable growth."@en1

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