Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-967"

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"en.20081118.29.2-967"2
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"The recent Washington summit was basically the start of a process to which national leaders must become committed in order to minimise the impact of the global financial crisis. In an era of globalisation, when the economies of individual countries are closely interlinked, international cooperation aimed at arresting the crisis must be a priority. What I have in mind is not only a common EU position on many issues, but also specific joint action and practical intervention aimed at mitigating the effects of the financial crisis. Experts maintain that the Polish economy is one of the few that will be able to withstand a possible economic depression, though no one can predict the scale that the crisis might reach globally. We must even now be prepared to introduce appropriate crisis prevention measures, with the governments of the various states playing a key role. Where necessary, they should offer capital support to financial institutions threatened with bankruptcy. Once again, may I emphasise the important role the state has to play in preventing a global crisis, through intervention in local financial markets."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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