Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-032"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-03-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparation of the European Council (19-20 March 2008) - European Economic Recovery Plan - Guidelines for the Member States’ employment policies - Cohesion Policy: investing in the real economy (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20090311.3.3-032"2
lpv:hasSubsequent	lp_eu:2009-03-11-Speech-3-0332
lpv:speaker	lp:Claude Turmes2
lpv:spokenAs	unknown; Les Verts (2004-07-20--2009-07-13)3 member; ITRE (2007-01-31--2009-07-13)3 substitute; Delegation for relations with the United States (2007-03-14--2009-07-13)3 substitute; EMPL (2007-01-31--2009-07-13)3 substitute; ENVI (2007-01-31--2009-07-13)3 member; Delegation for relations with the People's Republic of China (2007-03-14--2009-07-13)3 vice-chair; G/EFA (2007-02-27--2009-07-13)3
lpv:translated text	"Mr President, in this time of crisis, we need a strong impetus at European level. Nation states acting alone will be unable to give a sufficiently strong and coordinated response. We therefore urgently need a boost from Europe. What are we seeing again today, though? A Commission which, like its President, is tired, lacking in vision and bereft of political courage. A recovery plan of EUR 5 billion is not a recovery plan since 50% of the projects on the list will see no investment in 2009 or 2010 because the licences for carbon sequestration, for example, will not be in place! Mr Daul is quite correct. Now is the time for us to show solidarity and innovation. If the Commission heeds Margaret – ‘I want my money back’ Merkel and draws up a list that gives more money to the strong economies than to our colleagues in the countries of the East that need our support right now, we will be unable to make progress. We therefore need innovation in two areas. First, we should not squander these EUR 5 billion on State aid. Instead, we should concentrate the money on the European Investment Bank. The Bank is currently increasing its capital by EUR 76 billion and is negotiating with the European Central Bank to make improvements in relation to liquidity. Therefore, we should use most of the EUR 5 billion as guarantee funds to leverage EUR 20, 25 or 30 billion of public and private investment. Secondly, we must widen this recovery plan to include green technologies, renewable energies and investments in buildings in Europe’s towns and cities. At present, President Obama is allocating 10 times more venture capital to green technologies than Europe is. We are therefore losing the battle when it comes to the next big thing in the economy."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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