Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-449-000"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20120704.28.3-449-000"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
". Mr President, it is true, and I am not the first to say so, that the state of the European Union’s public finances is such that we must obviously use every available instrument to promote a number of essential investments at European level, in the areas of transport, energy and broadband. Project bonds are an objective that we are particularly keen to support as they are very useful in this respect. This is a pilot phase, and that is why I think that we should clearly set the criteria governing the evaluation of this pilot phase. I should just like to draw everyone’s attention to two points. The first concerns the choice of projects. We have, and I thank the rapporteur, really tried to introduce greater sustainability criteria into the framework for selecting the projects, because not all infrastructure building is necessarily beneficial to the European Union and may indeed increase an ecological debt that we shall have to repay at some future time. We should therefore, in any case, pay close attention to the quality of the projects that we support. My second point concerns risks. Objectively speaking, there is a financial risk. We have, of course, tried to minimise it in the case of public authorities, but it does exist. In this respect, I think that we should pay very close attention, during the evaluation phrase, to assessing the best ways of minimising financial risk to public finances, while guaranteeing revenues for any private investor who has invested resources in this project. I truly believe that, while it is good, useful and necessary to launch this initiative, it is equally important to set in advance the criteria by which the pilot phase is to be evaluated, before rolling out the initiative. I think that it is an important instrument, and that it deserves our closest attention, particularly in the initial stages."@en1
lpv:videoURI

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph