Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-14-Speech-3-241-250"

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"en.20120314.22.3-241-250"2
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"I voted in favour of this report because the global financial crisis and the unprecedented economic downturn have seriously damaged economic growth and financial stability and provoked a strong deterioration of financial and economic conditions in several Member States. Certain Member States are experiencing, or are threatened with, serious difficulties, notably, those connected with problems in terms of economic growth and financial stability and a deterioration in their deficit and debt position, due to the international economic and financial environment. Whilst important actions to counterbalance the negative effects of the crisis have already been taken, including amendments to the legislative framework, the impact of the financial crisis on the real economy, the labour market and citizens is being widely felt. The pressure on national financial resources is increasing and further steps should now be taken to alleviate that pressure through the maximum and optimal use of the funding from the European Fisheries Fund. This proposal is aimed at ensuring additional pre-financing for European Fisheries Fund programmes for Hungary, Romania, Latvia, Portugal, Greece and Ireland, which receive EU financial support under the European Financial Stabilisation Mechanism and the Balance of Payments Mechanism. It is also worth mentioning that this proposal will have no effect on the EU budget."@en1

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