Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-464-000"

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"en.20120704.28.3-464-000"2
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"Mr President, ladies and gentlemen, the launch of project bonds is an important first phase of the Growth Pact. This is a pilot project, perhaps accompanied by excessive caution and a budget that is far too symbolic – less than EUR 5 billion for the 27 Member States – but it is still a welcome sign of practicality. It opens the way to new instruments to raise private funds to be used in strategic infrastructure investments, also to make the European economy competitive and to create new jobs. I agree with those who called for rigour in the assessments, for projects to be of high quality and reliable, and for results to be measurable, but after the first experimental phase let us be open to more ambitious projects, which allow a real and strategic phase of development and growth in Europe."@en1
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