Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-330-968"

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"en.20120613.24.3-330-968"2
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"EU budget does not fulfil its intended purpose as an investment budget with a strong leverage effect; under 45% of the budgeted spend falls under heading 1, sustainable growth, with the remainder being earmarked for other purposes which have little to do with strategic investment in Europe. The EU 2020 strategy has been set as a substantial objective to support sustainable growth, competitiveness and employment in Europe and was approved by the 27 Member States, but the failure of the Lisbon Strategy on which it is based does not lend any credibility for the EU 2020 strategy."@en1
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