Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-24-Speech-2-186"

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"The budget is essential in implementing projects that are important and beneficial to the Community and its citizens. One such project is the Globalisation Adjustment Fund of EUR 500 million. I suggested assigning the funds to the reserve of the following year’s budget of the Committee on Employment and Social Affairs. We will vote on this in December. However, ladies and gentlemen, I would once again like to draw your attention, and especially the attention of the Commission, to the rules established for the use of the funds. The question is whether the money will actually reach a particular unemployed person? The money cannot be misappropriated as it had often been the case with donor aid to undertakings in the process of restructuring. I foresee a considerable risk of misusing the Commission’s funds. It is against this that we, the members of the Committee on Economic and Monetary Affairs, have voted. We cannot accept the rules unless they are substantially amended. I therefore call upon you to take a firm stand and demand that the Commission guarantee the transparent and effective use of funds."@en1

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