Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-564-000"
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"en.20120418.26.3-564-000"2
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"Mr President, the lack of confidence and reluctance of investors from both the private and financial sectors have meant that there is a good chance of a number of strategic projects not being carried out in some Member States. The main projects affected are those involving the infrastructure, and the analyses carried out show that the financial resources required to develop the European Union’s infrastructure during the period 2010-2030 amount to more than EUR 1 500 billion. In view of this figure, we can imagine that considerable efforts are required to have an efficient European transport network, and a variety of funding sources are needed to achieve this, from both the public and private sectors.
A risk sharing instrument will provide a tangible solution to these problems that we are facing and will allow us to continue implementing European programmes, with additional funds being injected into the economy by the EIB and other financial institutions. Funds earmarked for cofinancing projects implemented with the support of the Structural and Cohesion Funds will have an instant impact on the economy, making a considerable contribution to job growth."@en1
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