Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-475-000"

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"Mr President, with full respect to some dissenting voices, I believe that this is one of these rare moments where we have an exceptionally broad consensus on an innovative idea. I would like to thank you all for this very constructive debate. Some have said that the figure of EUR 230 million is rather low, but, as I said at the outset, this figure is intended to act as a lever for many larger volumes of investment in the future. Several of you have underlined the need to carefully choose the projects, and I very much agree. Some have also said that we need to ensure long-term added-value at the European level. I believe that both the President of the EIB and Commissioner Rehn have provided the necessary reassurances in this regard. I agree also with those who emphasised the importance of the evaluations. Now, of course, the next steps will be key. Once Parliament and the Council have approved the text, we will be able to launch the implementation of the pilot phase. We want to see projects being financed as soon as possible and to assess how the initiative is received by market participants. It will also be important that the Commission and the EIB maintain close dialogue, both with the European Parliament and the Council at this early stage, and that lessons from the pilot phase are properly taken into account for the second phase."@en1
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