Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-449-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-25"^^xsd:date2
dcterms:Is Part Of	lp_eu:Innovative financial instruments in the context of the next Multiannual Financial Framework (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20121025.32.4-449-000"2
lpv:hasSubsequent	lp_eu:2012-10-25-Speech-4-450-0002
lpv:speaker	lp:Dominique Riquet2
lpv:spokenAs	member; BUDG (2012-01-19--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 vice-chair; TRAN (2012-01-23--2014-06-30)3 unknown; Parti Radical (2012-01-11--2014-06-30)3
lpv:translated text	". Mr President, Commissioner, ladies and gentlemen, I first of all want to praise the work done by Ms Gardiazábal Rubial, who has shown a very good grasp of the subject and an excellent spirit of cooperation. Development of innovative financial instruments, as proposed by the Commission, must be supported, since it allows finance to be placed at the service of the real economy and the growth and jobs goals that the EU has set itself, despite a context in which national public finances are being consolidated. It is indeed, therefore, as emphasised by the Commissioner, a powerful budgetary lever to serve our projects. I want to make a few comments. Firstly, viable projects that do not receive sufficient financing from the market must benefit from these instruments as much as possible, in order for subsidies to be reserved for projects that generate less income. Secondly, we must ensure visibility of the EU budget, which risks being weakened as a result of the complex processes which these instruments entail, particularly since the general public’s knowledge about the role played by the European budget is not all that good. We should not lose ourselves in the mysteries of these arrangements. Thirdly, a balance must be found between the necessary control by the budgetary authority over the use of European funds and the flexibility that enables these instruments to adapt to economic circumstances and attract investment. Lastly, by way of conclusion, I would like to emphasise the part these instruments play in the prospects for developing capital markets in Europe, but also the importance of a ban on linking these instruments to complex products."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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