Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-14-Speech-3-290-250"
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"en.20120314.22.3-290-250"2
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"The European Parliament, noting the Commission’s updated financial programming for 2007-2013 and the fiscal consolidation efforts undertaken by most Member States because of the financial and budgetary crisis, recalls that the European Union’s budget is one of the most important instruments where solidarity between Member States and between generations is being demonstrated, and that it provides a clear added value, given its extraordinary impact on the real economy and on the daily lives of European citizens. If the EU’s policies were to be financed solely by Member States, their costs would skyrocket. In this light, and if used in a synergetic manner, the European budget would genuinely represent a clear common saving for the well-being of all.
I also take the view, however, that austerity measures undertaken at national level should not lead to an equivalent decrease at EU level, since one euro spent at this level can generate savings in the 27 Member States. All the measures taken so far to combat the crisis should help to return to the path of growth. The tailor-made austerity measures already taken need to be accompanied by targeted investments resulting in sustainable economic development. I firmly believe that the EU budget has a decisive role to play in this context as a tool to ensure prompt and well-coordinated action in all fields."@en1
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