Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-22-Speech-4-025"
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"en.20091022.5.4-025"2
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The Republic of Moldova is in an extremely difficult economic situation. The financial crisis in the European Union has also affected the countries adjoining us, and it is our duty to help them.
The economic crisis in Moldova is not only a consequence of the global crisis, but is primarily due to a lack of immediate action that was required when this crisis broke out in the Republic of Moldova. In fact, because of the elections, the former Communist administration distorted local budgets by making preferential allocations to authorities controlled by Communists. In addition, the decision was also made to keep an artificial exchange rate between the leu and euro, at a level which had to ensure that the population in this country next to us was not affected by the crisis. So now, with winter approaching, local authorities are at risk of being unable to pay for thermal energy, and the government will have problems paying salaries and pensions.
We welcome the initiation of negotiations between the government of the Republic of Moldova and the IMF and World Bank. I am confident that they will be concluded with an agreement which will take into account the economic, political and social realities in the Republic of Moldova. The Republic of Moldova does not need to have conditions imposed on it that are impossible to fulfil, given the delicate political and economic situation in the country.
In April, we had a few occasions where we discussed the Republic of Moldova in the European Parliament. We all agreed that the European Union must provide financial support. This is all the more important now when liberal, pro-European forces are in power. This is why, on behalf of the Group of the Alliance of Liberals and Democrats for Europe, I am clearly asking the Commission to ensure that the proposal it is going to draft includes specific offers of macrofinancial assistance because the Republic of Moldova needs help immediately to be able to cover the budget deficit, which is likely to reach 14% of the country’s GDP by the end of 2009.
In the medium term, the Eastern Partnership may serve as an important instrument, but it must become operational as soon as possible and be allocated sufficient funds. We are also asking for a proposal to be included in the future association agreement on creating an expanded, comprehensive, common free trade area, along with a proposal on a visa waiver for Moldovan citizens."@en1
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