Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-469-000"
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"en.20120704.28.3-469-000"2
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"Mr President, there is an urgent need at the moment to boost investment in infrastructure in the transport, energy and information and communications technology sectors. I think that the Europe 2020 project bond initiative will mobilise resources from the private sector on a more consistent basis. This must be done as soon as possible to help the European economic recovery.
The pilot phase is useful because it will familiarise investors with the structure of the bonds and how they work. It will also provide the opportunity to assess the instrument before it is implemented. The contribution from the EU and EIB will make the bonds safer, thereby reducing the risks assumed by investors. In recent years the EIB has granted support to my country to the tune of more than EUR 3.8 billion for infrastructure projects."@en1
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