Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-565-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:Risk sharing instruments for Member States experiencing or threatened with serious difficulties with respect to their financial stability (debate)2
dcterms:Language	"sk"^^xsd:language2
lpv:document identification number	"en.20120418.26.3-565-000"2
lpv:hasSubsequent	lp_eu:2012-04-18-Speech-3-566-0002
lpv:speaker	lp:Jaroslav Paška2
lpv:spokenAs	vice-chair_member_of_the_bureau; EFD (2010-02-16--2014-06-30)3 substitute; REGI (2012-01-19--2014-06-30)3 substitute; BUDG (2012-01-19--2013-02-26)3 unknown; Slovenská národná strana (2009-07-14--2014-06-30)3 member; ITRE (2012-01-19--2014-06-30)3 member; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-16--2013-06-30)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, I understand the Commission’s efforts to help countries that have serious problems with their financial stability through new risk sharing mechanisms for the implementation of infrastructure and productive investment projects. The justification states that many investments in which the private sector, out of caution, no longer wants to participate, could be realised if the Commission assumed the risk and redistributed it across the whole of the European Union. Proposals are formulated as an exception to cohesion policy, which is supposedly justified by the current situation in the indebted countries. Even Commissioner Šemeta, in his opening speech, acknowledged that the proposals presented circumvent European rules on the granting of State aid to a certain extent. I admit that I am not entirely confident in the fairness and correctness of this regulation. For if the private sector assesses an investment project as being sensible and having the required return, it will find adequate financial resources for its implementation. I am, therefore, not certain that it is prudent and wise to burden the European Union with guarantees for investments in which the private sector no longer believes."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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