Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-080"
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"en.20101111.4.4-080"2
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"The European Energy Programme for Recovery provides a financial package amounting to EUR 3.98 billion for 2009 and 2010. It was absolutely imperative to create a financial instrument specially intended for using the funds in this energy programme, which could not be committed until the end of 2010, so as not to lose the remainder of the financial package. One particularly important aspect mentioned in the European Energy Programme Regulation is the geographical balance of the projects. This is a key element enabling the impact of this regulation on the economic recovery to be guaranteed across the whole of the European Union. It also acknowledges that there were projects in some Member States which were either not financed at all or only partially financed. Last but not least, I want to emphasise how important it is to renew these types of financial instruments aimed at promoting long-term energy efficiency in the EU. I call on the Commission to assess carefully the effectiveness of renewing these types of instruments and to examine the potential of using a similar approach in the future when dealing with other unspent funds from the EU budget."@en1
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