Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-454-125"
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"en.20121023.45.2-454-125"2
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"I voted in favour because I consider that the aim of the draft amending budget No 4 to the general budget 2012 is threefold: namely, the creation of four budget lines in order to reallocate financial appropriations from up to 10 % of the European Regional Development Fund (ERDF) and Cohesion Fund 2007-2013 allocation to risk-sharing instruments, and a revision and budgeting of the forecast of the own resources, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget. In addition, the draft amending budget No 4/2012 foresees the possibility of reflows and amounts left over from Union support to risk-sharing instruments financed from cohesion policy being added the following year, at the request of the Member State concerned, to its cohesion policy financial allocation. However, I would stress that any transfer from cohesion policy to those to-be-defined financial instruments should be duly justified and well controlled, as provided for by Regulation (EU) No 423/2012."@en1
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