Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-280-500"
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"en.20120419.15.4-280-500"2
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"−
This report concerns the proposal for a regulation of the European Parliament and of the Council amending Council Regulation (EC) No 1083/2006 as regards certain provisions relating to risk-sharing instruments for Member States experiencing or threatened with serious difficulties with respect to their financial stability. This is a very important measure that takes account of the needs of the Member States in difficulty, since it will promote economic development and job creation. There are very important development projects that are being blocked by a lack of liquidity. I voted for this proposal, which has no effect on the EU budget because there is no increase in the related allocation, since I believe the European Union should support the Member States that, owing to the economic and financial crisis we are experiencing, are finding it hard to cofinance investment projects supported with EU funding and are running the risk, not just of having to return the money, but also of being penalised. Finally, I hope that the European Investment Bank and the Commission will quickly finalise all the procedural issues, so that the Member States will be able to benefit from this measure."@en1
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