Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-156-500"
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"en.20120705.19.4-156-500"2
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"Finally, after having concentrated our attentions on financial stability and economic discipline, the European Union is beginning to talk about growth. However, it is a shame to have to note that the means made available do not meet the purpose. Project bonds are undoubtedly a useful instrument to attract the largest possible number of private investments in financing infrastructure projects in the field of transport, energy and broadband networks. We are talking about sectors whose operation is key to developing the European single market. Therefore, it is easy to imagine the negative consequences in terms of economic and employment growth that lack of development in these areas would cause. This said, faced with a requirement of EUR 1.5 trillion to create this infrastructure, today we find ourselves talking about a budget of EUR 230 million (because this is the figure given by the European Union). The only thing we can say is that we have taken a tiny step in the right direction. Only a tiny one, however. Using these figures, we cannot put into place the development we urgently need in the field of trans-European networks. We are giving European citizens the impression of a Europe with a worrying lack of ambition in tackling the current economic situation."@en1
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