Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-571-500"
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"en.20110623.37.4-571-500"2
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The intention is for the Europe 2020 strategy to start guiding the 2012 budget now. It should be noted that the implementation of this strategy will require a huge amount of future-oriented investment up to 2020, estimated at around EUR 1 800 billion. Starting now, we must seek to improve levels of education, foster social inclusion – not least by reducing poverty – and foster the development of a knowledge society founded on the EU’s overall scientific and technological capacity. Therefore, there is a need to support research, development, and innovation and small and medium-sized enterprises. The EU draft budget for 2012, as proposed by the Commission, amounts to EUR 147 435 million in commitment appropriations and EUR 132 738 million in payment appropriations. These amounts represent respectively 1.12 % and 1.01% of the EU’s forecast gross national income for 2012. It should be noted that the EU 27 annual inflation rate for 2011 is estimated at 2.7%, meaning that the proposed nominal 2012 increases of 3.7% in commitment appropriations and 4.9% in payment appropriations are, compared to the 2011 budget, in real terms 1% and 2.2%, respectively."@en1
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