Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-169-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-07-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20120705.19.4-169-000"2
lpv:hasSubsequent	lp_eu:2012-07-05-Speech-4-169-2502
lpv:speaker	lp:Georgios Stavrakakis2
lpv:spokenAs	substitute; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 unknown; Panhellenic Socialist Movement (2009-07-14--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; REGI (2012-01-25--2014-06-30)3 substitute; BUDG (2012-01-19--2014-06-30)3 member; CONT (2012-01-19--2014-06-30)3
lpv:translated text	"I voted in favour of this particular report, due to the importance of project bonds to the economy of the EU and its Member States. With investments in the EU in steady decline over recent years, exacerbated by the economic and financial crisis, restrictions on national budgets and capital requirements for banks, we need to find new ways of stimulating investment that will generate recovery and growth. Project bonds will make investments in vital infrastructure works more attractive, by mitigating the risk associated with them, and are expected to generate exponential results and thus encourage further investment. Hence, project bonds are expected to play a decisive role in the Member States’ recovery efforts, especially in the Member States facing the biggest fiscal challenges. They will also make a decisive contribution to the growth strategy which numerous leaders of EU Member States have called for. I would also add that the risk to the EU budget and, hence, to European taxpayers is severely curtailed, without exceeding the maximum EU contribution of EUR 230 million."@en1

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