Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-283"
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"en.20090311.30.3-283"2
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"− The initiative to launch the Recovery Plan is a reaction to the serious ongoing economic downturn. The top priority of the Recovery Plan must be to stimulate the economy and competitiveness of the EU, and to avoid increased unemployment. Members insist that all financial aid must be timely, targeted and temporary. The present exceptional circumstances have to be seen within the wider context of a firm commitment to bringing normal budgetary discipline back on track as soon as the economy recovers.
In addition, the Recovery Plan must also serve the purpose of delivering a fair international agreement to give poorer countries the opportunity to escape poverty without fuelling global warming, by helping to finance massive investment.
Finally, coordinated action between Member States must be directed at reducing uncertainty in the credit markets and facilitating the functioning of those markets."@en1
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