Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-18-Speech-2-274"
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"en.20100518.28.2-274"2
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"Ukraine is now paying the price for a severe economic crisis, as well as for protracted political instability, which have allowed the authorities in Kiev to slip behind in the commitments they made to the international financial institutions. It is important for the European Union to be involved in providing assistance to its neighbour on its eastern border at a time when the social situation is deteriorating against the backdrop of a lack of cash flow, which is needed to keep any state running.
Ukraine must have stability. The loan granted by the European Commission, with the approval of the Community legislative, also provides confirmation that Kiev can be considered as a candidate for accession. However, the European Commission must focus, from now on, a great deal of attention on the mechanisms for monitoring the trail of the loan granted to Kiev.
Furthermore, the European Union is in a position to ask Ukraine to tackle more decisively vital reforms which will help consolidate the rule of law. Ukraine’s transition from a state-controlled economy to a market economy is a difficult and painful process, especially for its population. This economic transition must be supported by efforts aimed at institutional reform. Ukraine must grasp the nettle on both fronts, no matter how difficult it might seem at the moment."@en1
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