Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-198"
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"en.20100505.69.3-198"2
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"I voted in favour of this proposal since I believe it is a matter of great importance for Portugal, and particularly for its outermost regions, which are more vulnerable to the crisis we are experiencing, since they feel its effects more intensely and take longer to emerge from it.
Although I generally agree with its content, I must highlight the difficulties faced by regional and local authorities in securing the release of funds that would enable them to provide their part of the financing of projects subsidised by EU funding. I was disappointed to see that the Council blocked the possibility of increasing the proportion of EU cofinancing to 100%, even temporarily and in the form of an advance payment that would be offset in the later years of the programmes.
The compromise solution, albeit not perfect, means that EU funds for 2007 that have not been absorbed by programmes that have been slow to start up will, exceptionally, benefit from an extended deadline before being decommitted.
We are all aware of the difficult choices that families and companies are having to make these days, and of how important measures like those now being planned can be for the economic recovery, which we hope will be rapid and sustained."@en1
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