Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-13-Speech-2-462"
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"en.20051213.65.2-462"2
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"State aid is devoted to particularly less-favoured regions and helps, in a more focused way than other policies, to foster the Lisbon, Gothenburg and Barcelona objectives. It is therefore an important tool available to Member States to assist poorer regions, such as those impacted by the so-called statistical effect following enlargement, or less-favoured regions such as islands or mountainous areas.
The reduction and better targeting of state aid are vital factors in promoting effective competition, but care is needed with the parameters proposed in this new approach. They impose excessively high differentials between the 15 and the new Member States, leading to a waste of incentives. This will prejudice subsequent success in attracting new companies, cause the relocation of uncompetitive companies able to survive only with the help of subsidies, and create unjustified competition among the poorest areas of Europe. It is therefore necessary to restore more limited aid levels and reduce the differentials between the maxima of less-developed regions. Lastly, the accent needs to be placed on the planned ‘flexibility’ for aid to large companies."@en1
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