Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-113-000"
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"en.20120705.19.4-113-000"2
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"Mr President, I voted in favour of this resolution. It is, of course, very questionable whether we need to have a growth plan at European level over the next ten years after the clear failure of the Lisbon Agenda. I am sceptical about a deliverable programme that the project bond initiative hopes to represent. However, I have some immediate real concerns and this is why a proper evaluation of the pilot phase is vital at this stage, as the ECR Group has repeatedly made clear.
The moribund economies of southern Europe do not necessarily need some gigantic Keynesian investment programme. They need flexible labour markets. The problem is mainly the supply side. Across Europe, as well as at EU level, national and regional governments refuse to cut red tape, the one long-term solution that could lead Europe to the prosperity we now find elusive in a globally competitive world.
I am nevertheless in favour of infrastructure development as a general principle and, since this initiative may, if well thought through, bring some success, it makes sense to trial it now, with a view to making an evidence-based decision on whether to take it further at a later date."@en1
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