Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-571-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:Risk sharing instruments for Member States experiencing or threatened with serious difficulties with respect to their financial stability (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20120418.26.3-571-500"2
lpv:hasSubsequent	lp_eu:2012-04-18-Speech-3-572-0002
lpv:speaker	lp:Luís Paulo Alves2
lpv:spokenAs	unknown; Partido Socialista (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 member; REGI (2012-01-19--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; AGRI (2012-01-19--2014-06-30)3
lpv:translated text	"This situation of prolonged financial and economic crisis, as well as the constantly increasing pressure on national financial resources, require measures ensuring the proper implementation of cohesion policy. With the intention that the Member States and their regions will continue implementing the programmes of the Structural Funds and the Cohesion Fund, the objective is to create provisions enabling the creation of a risk sharing mechanism. If this mechanism is to be feasible, there is a need to authorise the transfer of part of the financial allocations available to these Member States back to the Commission. I agree that the measure is intended to enhance the synergies between loan programmes and EU funds in the Member States that are or could come to be under EU and IMF assistance, and to contribute to attempts to overcome the major obstacles faced by some Member States in mobilising the private finance necessary for investing in infrastructure and production. However, I am bound to stress that I have some reservations about how this will be processed, as well as a certain amount of apprehension that this mechanism will, for example, do further damage to the less favoured regions."@en1

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