Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-07-05-Speech-2-200"

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"en.20050705.26.2-200"2
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"Mr President, in our market-led economy, large, often international, companies set the tone. Key words include specialisation and scaling up. Companies choose their locations on the basis of natural regional benefits, and it follows that not every activity in each region can be carried out profitably. The circumstances often outweigh any financial incentives offered by governments. I am therefore not labouring under the illusion that the European structural policy will be able to perform miracles. It is too unrealistic, too inflexible and too limited in scope for that. That does not mean, though, that European structural policy could not in certain circumstances contribute to a temporary reduction in regional and local economic bottlenecks, for practical experience demonstrates that it can. The reports by our fellow Members are therefore worthy of at least some support, with particular attention for a few bottlenecks. I am particularly thinking in terms of the continued option of including private funds in the calculation of cofinancing, regional and local partners having the necessary influence in drafting and executing plans, and spending available resources within the periods prescribed for this purpose in an effective and efficient manner. A possible reduction in the Council’s total budget will need to be borne by all regions. In future, we will need to focus on the knowledge element, instead of the production element. That is where our strength lies, as is also borne out in practice. We should therefore leave room at each level to exploit that strength and to use the powerful regions to improve the plight of the weaker ones."@en1

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