Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-19-Speech-5-023"

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"en.19991119.2.5-023"2
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"Mr President, ladies and gentlemen, in the spring we approved a ceiling for transfers of relevant funds to the guarantee fund. Later, in the summer, something unexpected happened: the earthquake in Turkey. We quite rightly decided to grant humanitarian assistance to Turkey via the European Investment Bank. But that will cause a technical problem with the budget, because now, as a result of this unexpected event, we are approaching the ceiling that has been imposed for such transfers to the guarantee fund. If anything else should occur unexpectedly, we will either have to exceed the ceiling or make cuts in other areas of financial aid. We have brought this problem to the attention of the Commission and received a very vague reply from them to the questions we asked, but, despite that, we cannot jeopardise the implementation of this financial aid. It will be jeopardised if we now adopt the proposed amendments. For this reason, although the Commission has not given us a completely satisfactory reply regarding the technical aspects of the budget, I wish to withdraw these amendments, and at the same time I would say to the Commission that there is a problem here, which we have drawn attention to, and we hope that in the future the Commission will take account of it and propose the ceiling be exceeded in the event of unexpected situations in which funding is required."@en1

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