Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-358-250"

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"en.20120704.25.3-358-250"2
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"The draft budget for 2013 presented by the Commission assumes a growth in commitment appropriations of 2% and a growth in payment appropriations of 6.8% compared to 2012. The increases in payments are concentrated in the areas of competitiveness and cohesion, which is right. However, funds remain inadequate, which may lead to the cancellation of billions in commitment appropriations, in particular in cohesion policy. According to current draft, the overall level of payments for the period 2007-13 would be around EUR 859 billion, which is EUR 66 billion less than it was in the multiannual financial framework ceilings. This cumulative lag in payments may also be illustrated by the fact that unpaid commitments amounting to EUR 207 billion were recorded at the end of 2011, and this figure may continue to grow substantially. With regard to commitment appropriations, the margin for 2013 is EUR 2.4 billion. I have supported the EP’s position."@en1

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