Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-12-11-Speech-2-246"

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"en.20071211.35.2-246"2
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"We should congratulate Parliament’s rapporteurs on their successful budget: Mr Virrankoski for the Commission’s budget and Mr Itälä for Parliament’s budget and that of the other institutions. The outcome is an historic one. The Structural Funds and Cohesion Fund for the first time now receive the largest slice of the budget. This reflects the changes in the Commission’s priorities. The size of the budget has long been known: just under 1% of GNI, which means around EUR 120.3 billion for 2008. The budget also looks to the future, with the result that EUR 3.4 billion will go on the Galileo satellite radio navigation system, and EUR 309 million on the European Institute of Technology (EIT). There was also further investment in the Common Foreign and Security Policy. This is immensely important for strengthening our credible international role. As regards Parliament, Mr Itälä has highlighted the importance of budgetary discipline and that of the responsible use of public funds. I therefore consider the new budget to be excellent."@en1

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