Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-04-Speech-2-426"

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"en.20060704.25.2-426"2
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"I voted in favour of the excellent report by my colleague, Mr Lamassoure, on the proposal for a decision of the European Council on the system of European Communities’ own resources. In order to move ahead with the construction of a political European Union, we urgently need to reform its budgetary framework. The difficult achievement of an agreement on the financial perspective 2007-2013 by the European Council in December 2006 and the Commission’s proposals do not make the Union’s funding transparent, since it appears that we are getting further away from the principle of budgetary equity which currently underpins the Member States’ contributions to the Union’s operations. The debate on own resources, against the backdrop of the prospect of a federal Europe, will probably be one of the thorniest political issues to be faced in the future. Nevertheless, in the immediate future and in view of the current deficiencies in European finances and those of the main net contributing Member States, I wonder whether the time has come to set up a great European investment loan in order to fund all of the major infrastructures (space, motorways, high-speed railways, communication technologies, ports, airports, and so on) which are necessary for economic development and social progress."@en1

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