Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-485-000"

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"After around a year’s work, the special committee on policy challenges and budgetary resources has finally presented the future decisions determining priorities in expenditure for the efficient and effective use of European Union appropriations leading to the implementation of result-oriented policies. Bearing in mind that the European Union budget is primarily an investment budget, which can generate more investment from public or private sources, it must be possible to adjust it adequately to changing needs and circumstances. The decision to increase the resources of the new Multiannual Financial Framework by 5% will guarantee the stability of existing programming cycles and new investment in areas such as European energy and transport networks, which will allow Europe to defend its competitiveness and prepare the ground for long-term economic growth. These sectors also appear in the Europe 2020 strategy, which aims to deliver smart, sustainable and inclusive growth through knowledge, innovation and the promotion of social and territorial cohesion."@en1

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