Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-975"
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"en.20100616.24.3-975"2
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"It is with a sense of responsibility that I am voting in favour of this report and the proposed adoption by Estonia of the euro on 1 January 2011. In a difficult context of global financial, economic and social crisis, which has affected the prospects for nominal convergence of other Member States, Estonia is distinguished by its success in implementing a wide range of important structural reforms enabling it to meet the convergence criteria. The credible and sustained efforts by the Estonian Government and people can be seen, in particular, in the values achieved in the public debt, the lowest in the EU, and in the deficit which, in 2009, remained below the 3% figure set by the Maastricht criteria. Having fulfilled the accession criteria, as well as the other procedures laid down in the treaties, Estonia’s entry to the Eurogroup should thus be looked on by its peers as a natural consequence and serve as encouragement for other Member States that are preparing to enter. Estonia’s accession to the euro once again highlights the vision, appeal and belief that the Member States that do not yet belong to the euro area invest in the single currency and its future."@en1
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