Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-24-Speech-4-105-000"

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"Mr President, swift adoption of this framework regulation is of vital importance to third countries facing balance-of-payment difficulties. The European Parliament has repeatedly highlighted the need for an official legal instrument that regulates financial assistance to third countries quickly and effectively. This regulation has been very slow in coming. In the meantime, the situation has changed. Due to the financial crisis, which has caused numerous problems, we need to be able to react quickly, consistently and regularly; otherwise, this aid is pointless. I should like to note at this point that we must ensure that there is a close link between financial assistance and human rights and democratic institutions as one of the preconditions. Often, financial assistance has been granted to countries with a dubious attitude to these values. I believe that the Union should remain committed to strengthening democratic institutions and to human rights, transparency and the fight against corruption. Therefore, every country that applies for macro-financial assistance should also be evaluated on the above counts. The European External Action Service has a fundamental role to play here in preventing a repeat of the recent problem with Ukraine. Finally, my warmest thanks to the rapporteur for his detailed report. May I say that my group, the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, fully endorses his views. I trust that the Council will agree with Parliament on this."@en1
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