Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-357-625"
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"en.20111213.26.2-357-625"2
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"In the context of the current economic crisis, some Member States are facing budgetary constraints which might prevent them from fulfilling their commitments in cofinanced Community programmes such as EAFRD. I welcome this proposal by the Commission to temporarily increase the maximum European Union cofinancing rate for such programmes running in Member States that are subject to support of the EFSM (currently Greece, Ireland and Portugal) and the balance of payments facility for non-eurozone Member States (Latvia and Romania). This temporary increase would reduce the amount of matching national funds needed in budget years 2011 and 2012 and would thus help to make programmed funds available for the rural economy and contribute to an overall economic recovery in these Member States."@en1
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