Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-05-06-Speech-3-035"
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"en.20090506.2.3-035"2
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"Madam President, in November 2008, the Commission presented a recovery plan that was not up to the job, either in volume or in content. Six months on, it has to be acknowledged that the implementation of this recovery plan is almost non-existent, and I want to find out what is happening with these EUR 30 billion of recovery funds.
What has happened to the EUR 15 billion announced via new actions and entrusted to the EIB? How can one reconcile a announced stimulus of EUR 7 billion through the Structural Funds and the Cohesion Fund with an announced structural budget under-spend of EUR 10 billion in 2009?
Finally, as for the EUR 5 billion that we are discussing today, I would like to make four observations. Despite the pressure from the European Parliament, the Council of Finance Ministers was unable to release the EUR 5 billion for 2009, providing only EUR 2.6 billion.
We are by no means sure, therefore, that the Council will be able to find the EUR 2.4 billion missing for 2010. Parliament is ready to find any possible solutions through regulatory means. However, the other political priorities must not, under any circumstances, be called into question. That will not be permitted by Parliament. We cannot accept re-deployment; that is a red line that we will not cross.
It will be difficult to find these EUR 2.4 billion because, with the presentation of the Commission’s PDB, we know that a maximum of EUR 1.7 billion will be available. Moreover, the Council still has to agree to release these margins. It is therefore important, in any case, that, in the name of short-term budgetary orthodoxy and of a legal approach to budget regulation, the many Member States no longer be able to stop this entire recovery plan.
A strong budget needs to be maintained for the future of the Union, and we can see – and this is my fourth observation – that the size of and the manner in which the latest financial perspectives were negotiated and accepted puts Europe’s future at a great disadvantage."@en1
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