Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-268-777"

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"en.20111201.35.4-268-777"2
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"I voted in favour of this decision because, owing to the scale of difficulties faced by the Canary Islands, it is appropriate to extend the tax exemption currently applicable to them. It should be noted that the Canary Islands obtain a large proportion of their revenues from tourism. The continuing economic and financial crisis has had a particularly severe impact on the economy of the Canary Islands, and the level of unemployment has increased. I believe that the EU must help its outermost regions as much as possible by applying special instruments, thereby giving the economies in these regions an opportunity to develop. Given the unfavourable market situation of the Canary Islands, their competitiveness needs to be improved by strengthening domestic industry and providing certain tax advantages."@en1

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