Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-413-000"

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"en.20110118.18.2-413-000"2
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"Mr President, Mr Barroso, the Commission has come forward with what, to my mind, is a most welcome initiative to improve the energy infrastructure throughout the European Union – in terms of both electricity networks and interconnections for gas networks. Your report estimates that the cost will be approximately EUR 200 billion. Improvements to these networks will be carried out until 2020. The report also states that around one half, EUR 100 billion therefore, will come from the private sector. My question to you is this: the remaining EUR 100 billion that will be needed to carry out improvements to energy networks by 2020 – where are these funds to come from? Are they going to be Union funds, are they going to be bonds issued specifically for this project, or some other source of finance? Thank you."@en1
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