Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-260-500"
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"en.20111201.35.4-260-500"2
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"In August 2011, the European Commission tabled a proposal amending Council Regulation (EC) No 1083/2006 as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability, such as Greece, Hungary, Ireland, Latvia, Portugal and Romania. The 10% increase in cofinancing rates is beneficial for Portugal, since it will facilitate the injection of funds into the national economy, will bring forward the implementation of EU funds, and will promote projects that will create jobs and generate wealth. The EUR 629 million made available to Portugal represents the moving forward of the cohesion policy funds available for 2007-2013, and not new or additional finance for the Member States."@en1
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