The National Assembly valid Plan aid to Greece
Posted by admin | Under calculation, connection, management, office, profitable Tuesday May 4, 2010The National Assembly passed the night of Monday to Tuesday, the French plan for emergency aid to Greece, 16.8 billion euros in bilateral loans over three years, of which 3.9 billion in 2010, A total of 110 billion announced Sunday by the EU and the IMF. Unusually, the UMP and the Socialist Party voted together for the loan at 5% for the financial rescue of Greece. Only members PCF and the Left Party, and Nicolas Dupont-Aignan (Arise the Republic, former UMP), voted against.
The bill amending finance (Budget Act) was passed by show of hands without amendment, after an evening of discussion. The text is now starting a shuttle to the Senate for final approval, probably Thursday. France, like other European countries and the IMF, must move fast to fight against market speculation on the Greek debt.It also requires Greece to honor the time for repayment of its debt on May 19 The contribution of France represents 20.7% using the EU (80 billion euros, plus 30 of the IMF, ie 110 in total). This contribution has been multiplied almost by three this weekend at the meeting of economic ministers of the euro area.
In his speech to the Assembly, the Minister of Economy Christine Lagarde said she would be "extremely vigilant" about the implementation of austerity measures taken by the Greek government in return for the aid plan concluded Sunday Brussels (deletion of the thirteenth and fourteenth month in the civil service, VAT increase, decrease in the departure of the retirement age …). "It is not a gift or grant. It lends at a rate of about 5% fixed rate," said the minister.
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"To discourage speculators"
Unsurprisingly, the UMP has fully supported the government: "It is a plan whose scope will help deter speculators," said the spokesman for the UMP for the Budget, Jerome Chen, welcoming the first major policy decision of the euro area ".
Even more rare, the Socialist Party (PS) also voted with the government and his majority: "I do not support the government, I support Greece and I support the euro. We're not there in a left-right debate We're here in a European debate and policy debate, "said the former first secretary of the PS, François Hollande.
The spokesman Benoit Hamon PS, which is not a member, however, said that his party voted "aid to Greece but not the austerity plan" imposed on the Greeks.PS The President of the Committee on Finance, Jerome Cahuzac, and other elected officials have also asked for a rate of 5% too high for them: "We made a little profit on the backs of the misery of a people "(Christian Eckert, PS).
Facing the CPF and twenty deputies Left Front voted against the plan, "because it comes with creditors who have put Greece in a terrible situation by extending loans at high rates ( Jean-Pierre Brard).
On the right, Nicolas Dupont-Aignan (Arise the Republic, former UMP) also voted "against the false rescue plan that has any plan to scuttle". He believed that the austerity imposed on Greece would "kill" save this country without the euro, calling for the release of the single currency Athens.