Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-24-Speech-3-199"
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"en.20100324.16.3-199"2
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"Mr President, Mr Lewandowski, in the economic crisis, the EU budget, too, inevitably comes under pressure; this is only natural. Brussels, too, must watch how it spends every public euro. Nevertheless – and I am speaking here on behalf of the Committee on Development – investment in developing countries must remain a priority. Sustainable growth in poor countries will afford people opportunities they do not currently have. Not only that, but their development forms part of the solution to our crisis. Developing countries are a market, and a fast-growing one at that. Europe will just have to spend its funds more shrewdly, for example, using a combination of subsidies and loans for micro-finance support. Better access to financial services in poor countries will enable people in those countries, too, to achieve their ambitions. We must protect the development cooperation budget, however hard that may be. European Commissioner for Development, Andris Piebalgs, must continue to bear responsibility for his own budget, rather than High Representative Ashton doing so, as currently seems to be the intention. After all, choices relating to poverty reduction must never be dependent on our diplomatic interests."@en1
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