Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-24-Speech-4-113-000"

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"en.20120524.7.4-113-000"2
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"Mr President, the Policy Department’s study ‘EU macro-financial assistance: a critical assessment’ provides a useful and telling assessment of MFA operations so far. It shows the impact of both the scope and the volume of the loans and grants to be very marginal in many cases. The new procedures under the Treaty of Lisbon make the process of applying MFA more cumbersome. The consent of Parliament is now necessary for all applications of the MFA, and we understand the willingness of the Commission to simplify the procedures. Mr Kazak – whom I thank, on my own behalf and that of our shadow rapporteur, for his cooperation – proposes to apply the delegated acts procedure in respect of eligible countries and granting assistance to particular countries. As a group, we support this view. Our group is not against the imposition of some conditions but they must be the right ones. Our group considers it a serious mistake to continue to impose, within the framework of the MFA, the same conditions imposed by the IMF. We need to address these challenges, in particular in the light of the current financial and economic crisis."@en1
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