Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-467-000"

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"en.20120704.28.3-467-000"2
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"Mr President, the pilot phase of the Europe 2020 project bond initiative should be launched in preparation for the Connecting Europe Facility, as we would like it to take place as quickly as possible. The pilot phase should be funded in 2012 and 2013 by budget redeployment from the current programmes in the transport, energy and telecommunications sectors. Therefore, up to EUR 200 million could be redeployed from the TEN-T budget for this initiative, up to EUR 20 million from the Competitiveness and Innovation Framework Programme budget, and up to EUR 10 million from the TEN-E budget. The European Investment Bank should request budgetary funds on the basis of a range of projects which the bank deems suitable and feasible. However, it is important for Member States to submit these applications by 31 December 2013 and, only as part of highly complex infrastructure projects, by 31 December 2014. Therefore, now is the time for us to prepare for good absorption in the future multiannual financial framework."@en1
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