Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-06-02-Speech-1-152"
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"en.20030602.10.1-152"2
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"Mr President, I congratulate the rapporteur, Mr Belder, and indeed the European Commission, for producing the interesting 2001 report. Mr Belder has adopted a commendable analytical approach and is looking ahead, taking advantage of this particular moment in time when change looks more possible that it has hitherto.
The macro-financial assistance instrument – one of several – brings about reform efforts. It is associated with the International Monetary Fund and World Bank programmes. It is for exceptional crisis situations. The EU is not an international financial institution but at crisis times our foreign policy objectives can be linked with what we do with macro-financial assistance. It is conditional on the actions of the beneficiary countries.
The 2001 report is an interesting one. It looks at countries, mainly in the Balkans, but also Tajikstan, Georgia and Armenia. It looks in detail at why they have problems, what efforts are being made to solve them and where the problems are. In each country there are balance of payments difficulties, but quite encouraging growth figures in all three. I am pleased to see that analysis has taken place. I hope that the relevant parliamentary delegations will look at the analysis.
Mr Belder is absolutely right, however, to say that the programme is currently inefficient, ineffective and certainly lacks a solid legal base. We have heard from Commissioner Lamy that the moment is not quite right, given the attitude of the Council of Ministers, for changing the legal base, but I sense some optimism that post-Convention, in the next IGC, it may well be possible to move to a much more appropriate legal base with QMV and codecision by Parliament.
In the meantime we hope that the Commission will bring about an in-depth evaluation of the criteria that it uses for the macro-financial assistance and we must do our part. This Parliament does not take seriously enough its monitoring duty. This is an area in which it is essential that we do so. In due course I look forward to legislative proposals from the Commission. Once again I thank the rapporteur."@en1
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