Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-235-000"
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"en.20121026.23.5-235-000"2
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".
This own-initiative proposal of the European Parliament examines the operation and effectiveness of the existing financial instruments and the scope for developing a range of new, innovative instruments combining subsidies from the Union budget with public and/or private funding, with the aim of increasing investment in Europe. In any case, flexible instruments on these lines are to Greece’s advantage, as a means of releasing EU funding for businesses which will provide liquidity on the market and will at the same time contribute to the country’s development effort. With this in mind, I voted in favour of the report in question. In any case, however, the volume of funding to Greece under the new multiannual financial framework (2014-2020) depends on the information which the Commission takes into account (per capita GDP). Both in the European Parliament and at the level of governments, Greece is demanding that attention should be given to its current GDP rather than that of 2009-2010, which the Commission is taking as a basis and which is about 18 % higher than the current GDP, with the result that valuable funding for our country from the European Structural Funds is being withheld."@en1
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