Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-05-06-Speech-3-046"
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"en.20090506.2.3-046"2
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"Madam President, ladies and gentlemen, European countries are adopting bailout packages worth billions to save their financial institutions and industrial sectors. The European Union as a whole is also seeking to invest in the European economy. The debated proposal to support economic recovery through Community financial assistance for projects in the energy sector is part of a European economic recovery plan which envisages allocating an overall sum of EUR 30 billion. This EUR 5 billion plan for public investments is aimed primarily at energy infrastructure, high-speed Internet access, and agricultural restructuring. It should be understood that European diplomats spent several weeks debating the specific shape of the package. The presidency, led by the Czech Republic and the Commission, has made a responsible attempt through this package to respond – among other tasks – to the gas crisis, and in so doing to defuse some sensitive issues, particularly in Central and Eastern Europe. The fact is that some of the issues remain unresolved. Some Member States that are slower in drawing down EU funds may pay the price of failing to prepare all of their projects by next year. Doubts also persist as regards financing the package. However, in my opinion, these facts do not justify us rejecting this hard-won compromise. Rejection may eventually cause not only a shortage of money for energy-saving projects, but also a lack of funds to ensure reliable supplies of gas to our homes. And voters would surely count that against us come the next gas crisis."@en1
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