Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-24-Speech-4-175-000"

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"en.20120524.19.4-175-000"2
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"− The EU is in a position to provide financial support to countries in need of such assistance, but the large number of grants and loans we have provided so far forces us to review existing legislation that allows us to do this in cooperation with the IMF. Starting from this assumption, I support the Commission's proposal to clarify the decision-making procedure, but I do not agree that Parliament should no longer play any role in this process. Parliament must be part of these decisions, at least in its capacity of consultative body; we must be informed of the Commission’s and Council’s decisions. Therefore, I support the proposal of the rapporteur to use delegated acts for each and every case of macro-financial assistance. I also agree that this Regulation should not be simply transitional. Again, I support the idea of the rapporteur proposing an open term, while requiring that the Regulation be reviewed every four years, taking into account the economic changes."@en1

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