Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-24-Speech-4-173-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-05-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20120524.19.4-173-750"2
lpv:hasSubsequent	lp_eu:2012-05-24-Speech-4-174-0002
lpv:speaker	lp:Juozas Imbrasas2
lpv:spokenAs	substitute; REGI (2012-01-19--2014-06-30)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 member; EFD (2009-07-14--2014-06-30)3 member; TRAN (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the Korean Peninsula (2012-02-15--2014-06-30)3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	"− I voted in favour because the EU’s macro-financial assistance (MFA) was launched in 1990 to grant financial assistance to third countries experiencing short-term balance of payments difficulties. A total of 55 MFA decisions benefiting 23 countries have so far been approved, amounting to EUR 7.2 billion, in the form of grants or loans, or a combination of the two. Eligible countries include candidates for EU membership, potential candidates, ENP countries and, in exceptional circumstances, additional third countries which are politically, economically and geographically close to the EU. Taking its lead from the Genval Criteria, the Regulation makes MFA support conditional on the presence of ‘effective democratic mechanisms, including multi-party parliamentary systems, the rule of law and respect for human rights’. The Genval criteria make MFA assistance conditional on shared democratic, economic and geographical proximity, as well as the existence of an IMF scheme and financial discipline. According to the Commission, the main goals of its proposal are: to create a formal legal instrument for MFAs to third countries, to introduce quicker, more efficient and streamlined decision making for individual MFA operations, to agree rules and conditions among the EU institutions (to make the EP ‘co-owner of the rules’), to update and clarify some of the rules, most notably on the geographical scope of MFA, and also to align decision making for MFA with other external financial assistance instruments."@en1

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