Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-14-Speech-3-240-500"
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"en.20120314.22.3-240-500"2
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"The global financial crisis and economic downturn have seriously damaged economic growth and financial stability, leading to a substantial deterioration in financial and economic conditions in several Member States. In spite of the actions that have already been taken to counterbalance the negative effects of the crisis, its impact on the real economy, labour market and citizens can still be clearly seen.
The aim of the submitted proposal is to provide increased support from the European Fisheries Fund to the Member States that have serious problems (or face the threat of such problems) relating, in particular, to economic growth and financial stability and to worsening deficits and debt. The proposal represents an attempt to help Member States in their efforts to overcome the financial crisis, and aims to provide the Member States affected with the resources necessary for supporting projects and economic recovery.
The current situation requires a rapid response to mitigate the negative impact not only on fisheries as such, but also on the economy as a whole, and I therefore believe that the regulation before us should enter into force as soon as possible and apply retroactively to the period during which Member States received financial assistance from the EU or other euro area Member States, in order to address the serious difficulties concerning their financial stability."@en1
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