Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-251-250"
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"en.20111201.35.4-251-250"2
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"I am voting for this report, and for all necessary and exceptional measures to help the Member States in difficulties to confront the current financial crisis. This crisis is, in fact, currently contaminating all the Member States and reaching proportions that were unbelievable until a very short time ago. There is a need for policies to stimulate investment that lead to growth and employment, without which we will never manage to control ‘sovereign debt’. However, in the current situation of the lack of bank liquidity, and of the public finances of the Member States where there have been interventions, only European funds can promote that investment. With debilitated public finances, capacity for absorption of funds is reduced, so the reduction in the need for national cofinancing that has just been introduced will make a valuable contribution to improving the socio-economic and financial situations of these countries."@en1
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