Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-05-15-Speech-3-075"
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"en.20020515.5.3-075"2
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".
The Council and the rapporteur use the phrase ‘macro-financial assistance to Ukraine’. We think this should instead be called disgraceful financial blackmail.
The draconian conditions that the Council is imposing on what it describes as new aid – namely, the privatisation of large enterprises, breaking up the public sector to benefit small businesses, liberalisation of prices and sector reforms – provide perfect support for the so-called adjustment programme desired by the IMF, the initial implementation of which had no other effect than to aggravate the situation in Ukraine in 2000.
Despite the fact that the rapporteur notes that GDP has been in constant decline for several years whilst consumer prices have continued to rise, these reforms, if re-launched, will serve only to push Ukraine deeper into crisis, and thrust the majority of its population into even greater destitution. The rapporteur fails to mention the fate of the Ukrainian people and the fact that they have become terribly impoverished since the break-up of the Soviet Union. This is not his problem. The only thing of concern to him is ‘the transition to the market economy’ which, despite the fact that it has hardly got off the ground, has already produced human, economic and social upheaval which is evident to all and which the report cynically puts down to profit and loss…"@en1
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