Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-044"
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"en.20100706.4.2-044"2
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"I believe that we must applaud the particular efforts made by the Spanish Presidency during this extremely difficult period. One important achievement is the creation of the European financial stabilisation mechanism, which envisages financial support being granted to states in exceptional circumstances, up to a limit of EUR 60 billion.
On the foreign policy front, the Spanish Presidency achieved positive results following the high-level meetings which took place, particularly with Latin America.
In specific terms, the resumption of negotiations on the association agreement between the EU and Mercosur countries would create a free trade area for 750 million people. However, a thorough assessment needs to be carried out on the impact of this agreement because, as Commissioner Cioloş said, the agreement could have an adverse impact on European farmers due to the increase in agricultural product imports."@en1
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