Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-03-Speech-3-246"
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"en.20081203.19.3-246"2
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"Madam President, I would like to congratulate all those involved in this report and this very significant achievement: the rapporteur Gay Mitchell, all the political groups – including my own – and Commissioner Michel.
Food prices and the collapsing global economy will have devastating effects on people in developing countries. It has been estimated that, for every 1% drop in the world GNP, 40 million more people will be driven into poverty. Consequently, it is extremely important that this proposal to cope with soaring food prices is implemented with urgency. The developing world is not the author of the current financial and economic crisis. If we are to avoid condemning another generation of people to abject poverty and hunger, we must avoid short-sighted penny-pinching in the field of development aid. As has already been pointed out, the figure of EUR 1 billion may seem large, but it is trifling compared to the amount of money we are pumping into banks and stimulus packages. I urge that this report be implemented as quickly as possible."@en1
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