Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-231"

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"en.20100209.13.2-231"2
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"I believe that every Member State must be prepared to join the euro area in order to avoid extremely severe potential adverse effects on the national economy. The economic instability experienced by some countries in the euro area must be kept in check to prevent the consequences being felt across the whole European Union. The economies of Greece, Spain and Portugal recorded large budget deficits in 2009 due not only to the global economic crisis, but also to the inadequate measures implemented by their own national governments. Romania will present the euro area convergence plan by the end of February, in accordance with the negotiations with the IMF and the European Commission. My country has suggested entering the exchange rate mechanism in 2012, which is actually the phase prior to entering the euro area. This means that our budget deficit must drop below 3%."@en1
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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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