Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-24-Speech-4-061-000"
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"en.20110324.5.4-061-000"2
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"Madam President, the budget is a key instrument for European integration, and how it is set therefore matters.
It is precisely in a time of crisis that the EU budget can contribute to mitigating the restrictive budgetary policies of national governments and direct funding towards desirable long-term investment projects. In this context, I welcome the fact that the report supports the plan to introduce project bonds, for example, in the area of infrastructure. I would like to point out, however, that they should not be regarded as an alternative to Eurobonds. In my opinion, Eurobonds are a special topic and I support their introduction, as they are a logical continuation of the integration process and they mark a deepening of the process.
An opposite tendency – towards disintegration – would result from, for example, attempts to slash EU budget levels. In addition to the unfavourable economic impacts, these attempts also undermine solidarity between Member States. The selfish and short-sighted division into net contributors and net beneficiaries ignores the deeper and more important context of European integration. All Member States can profit from this equally. In my opinion, this is the angle to take in discussions on the EU budget."@en1
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