Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-22-Speech-1-053-000"
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"en.20121022.19.1-053-000"2
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"Mr President, ladies and gentlemen, the past few years have made clear that we, too, must face up to the crisis. The coming year will be the final year of the current multiannual financial framework, which means that it is of the utmost importance in terms of balancing the books and ensuring that the commitments undertaken are honoured. The European Union’s credibility is at stake. I am firmly convinced that maintaining the budget at its current, planned level is in the interests not only of the beneficiaries but also of all Member States, and that it will have a huge impact on the future of our continent. The present crisis, which has hampered any real possibility of a budget increase, should not, however, be used as a convenient pretext for making cuts. With that in mind, we await the full outcome of the deliberations and believe that the planned amounts will be secured."@en1
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