Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-283-750"

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	"lt"^^xsd:language2
lpv:document identification number	"en.20120419.15.4-283-750"2
lpv:hasSubsequent	lp_eu:2012-04-19-Speech-4-284-0002
lpv:speaker	lp:Juozas Imbrasas2
lpv:spokenAs	substitute; REGI (2012-01-19--2014-06-30)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 member; EFD (2009-07-14--2014-06-30)3 member; TRAN (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the Korean Peninsula (2012-02-15--2014-06-30)3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	"− I welcomed this document because it is aimed at ensuring the continuation of the implementation of the programmes cofinanced by the European Regional Development Fund (ERDF) and Cohesion Fund (CF) with a view to the economic recovery of the Member States receiving financial assistance. The measure is intended to address the serious obstacles faced by some Member States in raising the private financing needed to implement infrastructure and productive investment projects which can only be part-financed by public funds. In the Member States most affected 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 risks of investing in the present circumstances. The measure proposed is an exception to the normal framework in which cohesion policy is implemented, justified only by the exceptional circumstances imposed by the crisis. It aims therefore to cover part of the risks associated with lending to banks or to project promoters in the Member States experiencing or threatened with serious difficulties with respect to their financial stability, in order to maintain the involvement of private investors and to overcome important obstacles faced in implementing cohesion policy programmes."@en1

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