Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-357-843"
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"en.20111213.26.2-357-843"2
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"The present crisis with which the Union is grappling has enabled the improvement of EU mechanisms for preventing systemic risk and for reacting to situations of economic and financial weakness. This has, firstly, allowed EU policy makers to focus their attention on the need to adopt structural instruments that will allow a faster response in the future to the different problems that may arise, and, secondly, has led to the adoption of measures that could alleviate the effects of the economic and financial crisis in the short term. The proposal to increase the EU cofinancing rate falls within the same area, in the context of the structural and cohesion funds, the European Agricultural Fund for Rural Development and the European Fisheries Fund, benefiting countries that are covered by the European Financial Stabilisation Mechanism, or the balance of payments facility for those that do not belong to the euro area. This proposal deserves my vote in favour, and I hope that it will enable the speeding up of the process of Portugal’s economic recovery."@en1
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