Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-10-05-Speech-2-085"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"1999-10-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Granting of supplementary macro-financial assistance2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.19991005.5.2-085"2
lpv:hasSubsequent	lp_eu:1999-10-05-Speech-2-0862
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	unknown; Vasemmistoliitto (1999-07-20--2004-07-19)3 substitute; BUDG (1999-07-21--2002-01-14)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (1999-09-29--2002-01-14)3 member; Committee on Industry, External Trade, Research and Energy (1999-07-21--2002-01-14)3 substitute; Delegation to the EU-Estonia Joint Parliamentary Committee (1999-09-29--2002-01-14)3 member; EUL/NGL (1999-07-20--1999-10-12)3
lpv:translated text	"Mr President, I will mainly speak on the same subject the last speaker finished on. What we are concerned with is macro-economic financial assistance for those countries. That means that the European Union only acts as an intermediary in obtaining funds. The money is borrowed on the international markets and passed on to these countries for their use. The European Union can guarantee that the cost of borrowing is less than it would be if these countries borrowed the funds directly from the international markets. The aid to be given to Macedonia is the most problematic of these financings, because in this instance it is not only a case of a loan, but also of a grant, to be paid over two years. The Council has decided on this form of financing, but it made the decision without the corresponding funds being available. The Committee on Budgets draws its attention to this fact. If the Financial Perspective is not revised, we will have to adjust other budget lines under heading 4, “External Action”, and in order to secure the aid to Macedonia, we will find ourselves cutting aid to other areas. With this kind of financial aid, it cannot be the intention that, in order for one country to receive, money should be taken away from others. For this reason, the Committee on Budgets has proposed to the Committee on Industry, External Trade, Research and Energy that it should demand a revision of the Financial Perspective in this regard, and positive reference has been made to this in the report. Examination of the Financial Perspective is, in any case, an important matter and is linked in its entirety to the question of what the financial basis is or, in other words, to the fact that the war in Kosovo has brought about a situation which is unexpected and new and which had not been catered for by the Financial Perspective. This is also linked directly to an examination of the Financial Perspective, which must be carried out on account of the aid to Kosovo, the funds to rebuild areas of Turkey devastated by the recent earthquakes and on account of the agreement on fishing with Morocco. Neither is it unconnected with the fact that at this moment in time there are not sufficient funds available to realise all those projects in Category 4 which the Council and the Commission want to realise and which they have proposed. The response of Parliament to the form proposed by the Committee on Budgets is that it is important in connection with this issue to examine the Financial Perspective and in this way also to ensure that general aid from Parliament and from the European Union really does reach its destination and also to safeguard the possibility of bringing these matters to a favourable conclusion."@en1

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