Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-562-000"

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"en.20120703.22.2-562-000"2
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"Madam President, Commissioner, the EU budget should constitute an instrument for investment and solidarity. It should be a measure to stimulate economic growth and revival. In my opinion, therefore, reducing expenditure, in particular, expenditure allocated to the implementation of policies delivering growth and employment, is detrimental to the European economy. It should be stressed that many Member States also increased their budgets in 2012, in order to combat the effects of the crisis. Moreover, I am concerned about the ever growing level of outstanding commitments (RAL). This is a result of decisions taken to reduce payments in the framework of the annual budgetary procedure. The planned accumulated payments expected in 2013 may also intensify budgetary difficulties. A reduction in payment appropriations represents a serious threat to the implementation of cohesion policy, which should play a key role in economic revival and enable the EU to get back on track towards growth."@en1
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