Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-23-Speech-1-154"

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"en.20091123.20.1-154"2
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"Madam President, I would like to take this opportunity to make three final points. Firstly, macro-financial assistance to EU neighbourhood countries is justified for two reasons: firstly, it has intrinsic political value as a way of the Union gaining prestige by assisting countries in difficulty, within the context of a policy of good neighbourliness. Secondly, it is justified by the EU’s own interest in contributing to the financial, social and political stability of our neighbourhood countries as a condition for their development and democratic consolidation, as this is also a prerequisite for our own political stability. My second point is that macro-financial assistance must nevertheless be carefully tied to two conditions: the assistance must be aimed at responding to exceptional and temporary financial difficulties in these countries, and not for other purposes. Moreover, these countries must not divert the funds which we allocate to them for purposes that are incompatible with the rationale behind the EU aid, particularly for increasing military spending. As my third and final point, I would like to emphasise the importance and necessity of a general regulatory framework for the allocation of macro-financial assistance and the implementation of the respective agreements with the countries in question, and I acknowledge and welcome Commissioner Kallas’s commitment to this issue. I also hope that the next Commission will be ready to honour this commitment, and that we will have a general regulation on macro-financial assistance before long."@en1
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