Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-366-500"
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"en.20120703.18.2-366-500"2
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"Europe is considered to be the largest regional destination for foreign direct investment. A quarter of the world’s total consumption and investment takes place within its borders. However, the weak economic growth Europe has recorded in these last years and the high public debt accumulation in Member States raise concerns to investors, which have been magnified in the face of global competition, especially from the emerging economies. There are two distinct aspects to consider when it comes to the attractiveness of investing in Europe – on the one hand, there is the need to make Europe an attractive destination for foreign investors and, on the other, the need to make entrepreneurship attractive for the local entrepreneur. Reforms are needed to attract investment to Europe, at both national and European levels, aimed at improving the functioning of the single European market. I therefore agree with the rapporteur’s request to the Commission to draw up a communication to evaluate as well as promote the attractiveness of investing in Europe, including policy recommendations to Member States targeted at enhancing the investment environment in the Union. In my opinion, furthermore, we need to improve the regulatory framework further so as to enable small and medium-sized enterprises to compete fairly, so that we can make Europe an attractive place in which to invest and work and enhance its ability to create wealth and jobs."@en1
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