Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-661"

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"en.20100210.33.3-661"2
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". The shrinking of world trade has had a particularly detrimental effect on the countries of Central and Eastern Europe, as the drop in demand primarily affected products which have played a significant role in exports, such as cars, consumer electronics, and so on. At the same time, these countries have also been hit hard by the credit crunch. Boosting exports would be extremely important to ensure that these countries are able to recover from the difficulties arising from this double pressure and the resultant social problems, such as growing unemployment. Financing for exporters seems to be a major obstacle in this area, as payment periods have become longer, credit has become more expensive and more difficult to access, while credit insurance conditions have also deteriorated. This is why programmes should be developed targeting the countries in question, especially EU Member States, to assist them in overcoming these difficulties."@en1

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