Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-286-250"
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"en.20120419.15.4-286-250"2
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".
I voted in favour of this text, which is an additional response to the current economic and financial crisis. Indeed, in these exceptional circumstances, the text proves to be an exception to the framework in which cohesion policy is implemented. The new provisions will allow Member States which so request to transfer part of their regional funding directly to the Commission. In this way, the risks associated with a regional project can be shared between a financial institution and the Commission. This provision aims to persuade private investors to contribute to regional development projects."@en1
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