Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-282-500"
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"en.20120419.15.4-282-500"2
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"−
The European Union is currently facing a lasting economic and financial crisis, which affects not only the macroeconomic stability of several Member States, but also access to financing throughout the EU. This also jeopardises the implementation of cohesion policy programmes, as the liquidity problems of financial institutions limit the amounts of funding available to state and private sector participants involved in implementing the projects concerned. I agree with the rapporteur of the report that the lack of liquidity faced by the financial sector is not limited to the countries that have received financial assistance from the European Financial Stabilisation Mechanism or the Balance of Payments mechanism. This is why we are seeing that managers of infrastructure and productive investments in all Member States consider the reduction of their sources of finance as one of their primary problems. I believe that the possibility of extending the risk-sharing mechanisms to be created to all Member States will increase investment in growth and job creation throughout the EU through the use of Structural and Cohesion funds that could otherwise remain unabsorbed by the end of the current programming period. Since I, too, find all of this important, I voted in favour of the report."@en1
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