Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-288"

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"The European Economic Recovery Plan is especially important because of its two key elements: firstly, short-term fiscal stimulus measures aimed at boosting demand, protecting jobs and restoring consumer confidence and secondly, smart investments to boost economic growth. The European Union’s number one priority is to protect its citizens from the adverse effects of the financial crisis. In the case of the Romanian economy, these measures will show their effectiveness, especially for SMEs, by simplifying and speeding up procedures and providing Structural and Cohesion Funds, as well as rural development funds, in advance. The positive vote given to this report also means that the European Social Fund will have to finance measures promoting employment, especially in favour of the most vulnerable population groups. Framework conditions will also have to be created to alleviate the impact on the business sector as this sector has a key role to play in the economic recovery, making a crucial contribution also to creating jobs and therefore generating demand in the internal market."@en1

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