Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-166-000"

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"en.20120419.15.4-166-000"2
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". Mr President, ladies and gentlemen, I very much appreciated Ms Hübner’s report, which offers a useful way to stop essential resources for countries in crisis being decommitted. This is a regulation of fundamental importance which, without making any changes to the European Union’s budget, will provide an alternative to the risk of losing funds already assigned under the cohesion policy to Member States involved in a financial assistance programme that have problems with cofinancing. I especially agree with the precise definition of the instrument’s ceiling and the policy decision to favour projects that have generated revenues and those that could contribute to achieving the Member State’s strategic goals in order to improve its chances of economic recovery. I believe that this measure will contribute to balancing the need for investment in development and growth with the excessively-revered austerity solution to the sovereign debt problem."@en1
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