Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-14-Speech-4-299-250"

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"en.20120614.22.4-299-250"2
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"It is evident that it will be difficult to achieve the Europe 2020 goals on employment rates, and yet, in the serious crisis we are going through, the strong and effective effort needed to reverse this trend is missing from national reform programmes. Commitment to younger generations has shown no sign of a turnaround, and yet in the discussion on future cohesion policy the Union has the opportunity to specify and introduce performance mechanisms into the regulations being examined by Parliament so that every euro spent under the new multiannual financial framework (MFF) is aimed at creating new, good-quality youth employment. A European investment strategy should be launched, centred on infrastructure modernisation, human capital and laying the foundations for a sustainable economy. To finance this initiative, the Union must add additional resources to its budget: these exist and mechanisms must be found to make them available. It is therefore necessary to introduce a tax on financial transactions, to set up an EU-wide strategy to reduce fraud and tax evasion and to allow Eurobonds to be issued. Without these tools, the risk of an irreversible decline and marginalisation of Europe’s economy and policy on the world stage will become more and more real."@en1

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