Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-278-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20120419.15.4-278-000"2
lpv:hasSubsequent	lp_eu:2012-04-19-Speech-4-278-0312
lpv:speaker	lp:Sebastian Valentin Bodu2
lpv:spokenAs	member; Delegation for relations with Canada (2009-09-16--2014-06-30)3 vice-chair; JURI (2012-01-25--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; LIBE (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-03-24)3
lpv:translated text	"The European Union is currently facing a persistent economic and financial crisis which is affecting not only the macro-economic stability of many Member States, but also their access to finance across the whole Union. This measure is intended to find a solution to the serious problems faced by some Member States in raising the private funding needed to implement infrastructure and productive investment projects which can only be part-financed by public funds. The Commission’s proposal concerns only revenue-generating projects, since the investment costs covered by revenues are not eligible for EU cofinancing. In the Member States hardest hit by the financial and economic crisis, a number of strategic projects which have been selected for cofinancing under cohesion policy programmes are at risk of not being implemented because private sector investors and banks either lack the liquidity to lend to projects and project promoters, or are no longer willing to bear the investment risks in the current climate."@en1

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