Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-152-312"

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"en.20120705.19.4-152-312"2
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"Modern and efficient infrastructure encourages long-lasting economic growth. Infrastructure development is also directly related to expansion of the internal market and the creation of more jobs. As has been said already, investment in transport, energy and extension of the telecommunications and computer network will cost around EUR 1.5 trillion over the present decade. In this context, the solutions put forward by the European Commission are aimed at attracting private sector investors. One should always take great care when presented with such solutions. For this reason, I welcome the introduction of an 18-month pilot programme as a test for all the capital instruments associated with the Europe 2020 strategy. This will make it possible to determine the level of acceptance in capital markets for such measures and will also provide a test of the functioning of the project bonds system. I voted in favour of the report in order to support the pilot stage. However, I would describe my overall attitude to the project, including the bond mechanism, as being somewhat lukewarm."@en1

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