Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-28-Speech-3-248"
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"en.20071128.23.3-248"2
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".
Madam President, the current institutional vacuum in Lebanon constitutes a major threat to the country and the region in general. With a non-functional parliament, its members in fear of their lives, a destabilised government and a paralysed economy, Lebanon must now find a way out of this crisis. More than ever, the EU must also remain alert in support of its neighbour and ally.
The macro-financial assistance proposed today by the EU is more welcome than ever before. This exceptional assistance with a time limitation, aiming to rectify the budgetary situation of a country where agreed efforts to reduce the burden of debt were destroyed by the murderous conflict of the summer of 2006, falls fully within the European Neighbourhood Policy and the Euro-Mediterranean Partnership. It is not, therefore, a traditional form of assistance as this budgetary support will help enhance Lebanon’s political and economic sovereignty and independence. Assistance must, of course, be subject to an anti-fraud mechanism for greater transparency in the administration and disbursement of funds.
We must also ensure better coordination of the financial institutions working to rebuild the country. We must, in fact, implement the neighbourhood instrument, IMF measures and FEMIP actions in a coherent fashion to guarantee effective and sustainable assistance. As the Annapolis Conference opens up a window of hope, Lebanon remains a key factor for peace and stability in the region."@en1
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