Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-11-21-Speech-4-138"

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"en.20021121.4.4-138"2
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". In Stockholm, in June 2001, the European Council adopted the objective of reducing the overall level of State aid as a percentage of GDP by 2003, particularly ad hoc and sectoral aid. The Barcelona Council of March 2002 confirmed this intention, calling on Member States to redirect such aid towards horizontal objectives of common interest, including economic and social cohesion, and target it to identified market failures. I believe State aid to be a flexibility instrument that is crucial to correcting disparities and to addressing specific problems under European competition rules, which means that the legitimacy of its use should never be questioned, although it must be undertaken in a moderate and justifiable way. In the specific context that led to the drafting of this report, I welcome the clear reduction in State aid granted and its redirection towards horizontal objectives, such as SMEs, the environment, R[amp]D, employment and training, which fall beyond the strict remit of economic efficiency, but promote the better preparation of economic actors and Member States for the internal market. Lastly, I disagree with the rapporteur’s call for the codecision procedure to be extended to this field. I welcome the amendments that have been adopted in various individual votes which, although the rapporteur might not like it, have significantly improved the final text of the resolution. ***"@en1

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