Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-11-Speech-3-266"
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"en.20091111.21.3-266"2
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As a representative of Romania, a country which has benefited from financial assistance for its balance of payments from the European Commission, I would like to thank the European Commission for the speedy action it took in granting financial assistance for the balance of payments, without which Romania’s economic and social problems would have been much tougher.
Those countries which have received financial assistance certainly have many social problems, and we can discuss what type of social conditionality could be included in these financial assistance agreements. If we present the problem in this manner, we must bear in mind that there are insurance and social assistance systems in these countries which have contributed to the imbalances that required the financial assistance for the balance of payments. This is why if we are discussing social conditionality, we must also discuss the reforms which need to be made to these social sectors, primarily the pensions scheme, so that we can achieve medium and long-term financial sustainability, which will help radically resolve the problems in these countries."@en1
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