Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-07-01-Speech-1-105"

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"Mr President, Commissioner, I feel that the rapporteurs – Mr Turchi and the draftsman of the opinion – have done a good job of improving on the Commission’s proposal. I feel that the goal of speeding up the implementation of the trans-European networks is essential, especially when we consider the European system’s competitors, which, particularly in Asia, are much faster at implementing projects and infrastructure for countless reasons and are thus able to make the financial systems more competitive. As I see it, the Turchi report makes major improvements to the Commission’s text. I would like to mention two of them. Firstly, it emphasises that recourse to private capital is appropriate, if not necessary. I feel that the attempt to increase the Community contribution to 20% is like gambling on the effectiveness of these investments, and that laying down the undertaking to seek private capital means helping to encourage selection of projects which will yield financial benefits, which might not otherwise have been the case. Moreover, I feel that setting the deadline for implementation at 10 years is a sign of commitment to the objectives to be achieved through creating these networks and, above all, to the European taxpayers, who are ultimately footing the bill."@en1

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