Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-477-000"
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"en.20120313.21.2-477-000"2
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"As you know, the Greek situation in Europe is absolutely extraordinary and, in the last two years, the Commission has made all possible efforts, together with other European institutions – and not just European ones but also international financial institutions like the IMF – to find the right approach and to ensure that Europe as such, the economic and monetary union, becomes more stable and, in the end, also more dynamic.
We can, of course, discuss various aspects of this experience in the Greek context and also in the wider European context which, in recent months, shows signs of sliding back into a kind of recession, at least in the majority of the Member States, but it is definitely a very difficult time for the ‘programme countries’.
In this context, the key is to restore financial stability, to ensure that, after the adjustment period, there will be a return to stable financing of the real economy and then to ensure that even in such times, there is investment, and this is what the taskforce in Greece is working on.
Recently, just a couple of weeks ago, we had an opportunity to meet Mr Papademos in Brussels together with the President of the Commission and some eight Commissioners working in the Greek context. We are doing our utmost to ensure that Structural Funds continue to flow and the reforms that are implemented will result in the Greek economy regaining its competitiveness."@en1
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