Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-22-Speech-3-072"

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"Mr President, Mr Becsey raised the question of the conditionality attaching to loans. Let me just say that conditions are discussed with governments and with all Member States within the Council, so they are not imposed unilaterally. A number of speakers raised the question of the legal base on which this particular provision has been made. The use of Article 100 as the basis for a new instrument on EU balance of payment assistance has been considered by the Commission. However, due to the urgency of the matter and to ensure continuity, it has been fair to stick to the current legal instruments and limit the revision of Regulation (EC) No 332/2002, establishing a facility providing medium-term financial assistance for non-euro-area Member States to a minimum, i.e. to the increase in the ceiling as agreed by the European Council, and to some necessary technical improvements that appear necessary on the basis of the experience gained with the implementation of the balance of payments facility since last autumn. A number of speakers raised that particular point. Let me once again thank the European Parliament for the efficient way that it has dealt with this particular file."@en1
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