Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-21-Speech-3-105-000"

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"en.20121121.4.3-105-000"2
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"I believe that Europe’s most important challenge right now is to reach a compromise on the new multiannual financial framework. It is difficult to estimate the economic, political and social cost of a failure to adopt the budget, but there is no doubt that it would be significant. That is why all sides must be prepared to compromise and to work actively to find a way out of this impasse. When seeking a compromise, we must back solutions that make the least possible dent in cohesion policy, as it is a vital instrument for boosting growth and employment, which is precisely what Europe needs most. I also consider that, at difficult economic times, positive signals take on particular significance. The adoption of a new multiannual financial framework represents the prospect of stability, the possibility of making long-term plans and the opportunity to increase citizens’ trust in the European institutions. In my opinion, that is our only chance of overcoming our economic difficulties and returning to growth."@en1

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