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Over-indebtedness of states: a danger for democracy and human rights

Reply to Recommendation | Doc. 12725 | 28 September 2011

Committee of Ministers
adopted at the 1121st meeting of the Ministers’ Deputies (21 September 2011) 2011 - Fourth part-session
Reply to Recommendation
: Recommendation 1961 (2011)
1. The Committee of Ministers has examined Parliamentary Assembly Recommendation 1961 (2010) on “Over-indebtedness of states: a danger for democracy and human rights”, which addresses important, topical problems.
2. The Committee of Ministers is aware that in difficult economic times the protection of those most vulnerable calls for particular vigilance and it will not fail to demonstrate this in carrying out its statutory mission, the protection of human rights.
3. With regard to the specific recommendations in the text, the Committee notes that they concern the economic strategy and financial policies developed by member states at a national level or through economic or financial institutions. They do not fall within the scope or priorities of the Council of Europe.
4. The Committee has brought the recommendation to the attention of the member states’ governments.