Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-11-Speech-3-264"
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"en.20091111.21.3-264"2
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"The countries which we are talking about in this case are the European Union’s new Member States which have had, following the changes of regime, to look after those who lost out from the change of regime, become more competitive after economic restructuring in an open market, as well as create and build economies with balanced structures. People have the smallest reserves then in these countries. It means that they are finding it difficult to repay home loans due to the high currency-based debt ratio. Unemployment is rising due to economic problems developing unilaterally and social expenditure is also decreasing.
We can see instability, particularly political instability developing as a result of social tensions. More countries are seeing a rise in support for extremist views, and populism is gaining ground. I think that we must take all these factors into account when assessing the situation and devise what other measures we need to take in relation to European solidarity and which are based on it."@en1
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