Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-562-000"

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"en.20120418.26.3-562-000"2
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"Mr President, the report we are debating this evening and the proposal by the European Commission constitute an important, intelligent response to efforts to address the economic and fiscal crisis, especially in countries which have been particularly severely hit, such as my country, Greece. I therefore welcome the proposal on this instrument, this risk sharing instrument, which gives countries the potential to utilise EU funds and obtain capital from the European Investment Bank or other organisations to finance projects being implemented with contributions from the Structural Funds and the Cohesion Fund. It will give the private sector the potential to contribute to wealth production and job creation, especially – I repeat – in countries such as Greece, in which public investments are being slashed. Greece has expressed an interest in this instrument, mainly for motorway franchises, and I believe that this will be a good opportunity to kick-start the economy, which is vital if my country is to get back on the road to recovery and growth."@en1
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