Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-557-000"
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"en.20120418.26.3-557-000"2
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"Mr President, this sort of risk sharing instrument is certainly the right idea, provided that it aims to bring about changes that make the economy more viable and more compatible with ecological objectives. That is why the Group of the Greens/European Free Alliance proposed that this instrument should help to strengthen investments in trains, urban railways, energy saving and renewable energy sources.
However, it would appear that the compromise between the Commission, the Greek Government and the European Investment Bank is going to result in yet another agreement that basically relates to the completion of motorway projects which are not economically viable and not ecologically necessary today. When there is a major fiscal crisis, motorway traffic drops and many economists maintain that these projects are no longer economically viable. If I am not mistaken, the European Investment Bank has said as much.
Therefore, we would like this instrument to be used to support the green economy. As the Commissioner said this morning that the green economy has huge potential and could create 20 million jobs in Europe, why should such an instrument not be used to create jobs in Greece?"@en1
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