Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-177"

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"en.20100907.24.2-177"2
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"I am voting enthusiastically in favour of the content of this report. Taking the necessary measures to respond to the specific problems of the outermost regions of the Union becomes particularly important at a time of economic crisis. The geographic isolation of the autonomous regions of Madeira and the Azores imposes marked trade disadvantages on the economic agents that operate there. These disadvantages have a negative impact on demographic trends, on employment, and on economic and social development. The regional economies of Madeira and the Azores are conspicuously dependent on tourism, a fairly volatile economic resource, which is conditional on many factors beyond the ability of the respective local authorities and of the Portuguese Government to control and invigorate it. The economic development of Madeira and the Azores therefore suffers from the resulting limitations. Under these circumstances, it is clearly important to support economic sectors that are less dependent on the tourism industry, in order to compensate for its fluctuations and, in this way, stabilise the region’s employment. Specifically, support is needed for local small and medium-sized businesses and farmers to invest and create stable employment in the region."@en1

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