Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-07-Speech-4-012-000"

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"Mr President, I would also like to speak, like President Maystadt, about the future, and would like to raise three points. First, growth and restructuring is what Europe needs and that means investment and funding of investment. The legitimate question today is to ask where that funding can come from. The important element of the response to this question lies with the European Investment Bank and its family of institutions. I also think that it is important to remember that in the years to come, we will have huge global competition for funding. We will have national budgets in a mood of further cuts. We will have also a banking sector with a lot of uncertainties when it resumes normal funding activities and, of course, we will have a European budget that will remain, as usual, too small to be efficient and to solve our problems. So the EIB will be absolutely essential."@en1
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