Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-075-000"
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"en.20111026.3.3-075-000"2
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"The EU budget must be a balancing instrument with a leverage effect in respect of Member State recovery policies. It must initiate and support national investments in boosting growth and employment in fulfilling the common approved objectives of the Europe 2020 strategy.
The Council has proposed a low level of payments. This will lead to a greater difference between payment and commitment appropriations. This automatically increases the outstanding commitments at the end of the year, leading to further costs due to the interest charged on late payment. It is, to the contrary, necessary to increase structural and cohesion fund payments in the regions most affected by the financial and economic crisis."@en1
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