Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-15-Speech-1-224"
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"en.20081215.19.1-224"2
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"The purpose of the regulations governing the use of EU grants is to ensure that these sources will be utilised in the best possible manner and be allocated to the most appropriate place. In other words, the funds must not only be spent, but spent for genuine, revenue-generating investments. However, we often set up such a bureaucratic system of regulations for this purpose that it is more of a hindrance to efficient use, and represents an unnecessary burden for both the enterprises and the administration.
The streamlining of revenue-generating regulations has a twofold benefit. A greater number of small and medium-sized enterprises can have more ready access to EU funds for economic stimulus, while the administration is able more quickly and simply to determine whether these funds are being used properly. We must trust our entrepreneurs, those who make the economy work; we can pull through this crisis only if we join together and help each other. I support the proposal, and at the same time I ask the Commission to continue on the same path, weeding out unnecessary administrative obstacles from the assistance programme. I sincerely hope that this inaugural programme will be followed by other similarly sound initiatives."@en1
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