Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-277-000"
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"en.20120419.15.4-277-000"2
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The report clearly indicates that the reasons for this additional amendment to Council Regulation (EC) No 1083/2006 lie with the situation that has arisen in some Member States receiving assistance from the European Union or the International Monetary Fund (IMF).
The EU institutions must make a commitment to analyse the developments of events during the crisis and quickly adopt effective measures to deal with the new situations, especially in cases in which important stabilisation operations have been put at risk by the change in the general framework, and especially when the private funding necessary for investments in recovery is no longer available.
Failing to take appropriate action could put the entire recovery strategy at risk, and would mean not honouring the moral obligation to citizens of the Member States having to deal with the negative social repercussions of the stabilisation measures adopted as part of structural reforms in an emergency situation, without the necessary political and cultural mediation processes.
This further amendment governing risk-sharing instruments is therefore an example of dynamism and rapid, effective political action that is prudent in the type and purpose of the measures involved. I voted in favour of the report."@en1
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