Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-05-22-Speech-2-431"

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"Mr President, Commissioner, I should like to begin by congratulating my fellow Members, Mario Mauro and Paolo Costa, on the excellent work that they have done. We were keen to ensure that the call for proposals could take place and not be prevented or hindered by the slow pace of our parliamentary work. I believe that we will be very close to the end if we go along with Mr Mauro’s voting advice tomorrow. For my part, I shall do so. I would like to say that, by means of this regulation, we have worked hard on the substance. This regulation is much better than the previous one in many respects. In fact, it is almost a shame that we have such a good instrument for managing such a miserable amount of money. Why is it better? Because, by concentrating the funds, by increasing the levels and by creating more types of funding, we have managed to identify genuinely European priorities. We have the means to promote European projects and therefore not to be content with funds being scattered across different Member States for vote-catching projects. I believe that that is extremely important and I personally am pleased about it. I should like to say that, with regard to this regulation, which is going to enter into force very quickly, two difficulties remain. Firstly – I say this here, and we will see it in practice – I frankly find the EIB to have a blatant conflict of interests. In this House, we are constantly being asked to put up great walls of China in order to compartmentalise accounts in companies, and then, lo and behold, we see that the EIB is going to issue loans for companies for which it itself is going to provide guarantees, and even manage the interest subsidies! I think that that is excessive. We must keep an extremely close eye on all of this, in order to ensure that it does not help itself to the best bits and leave the worst bits for everybody else. Secondly, there was that issue of the information for MEPs. We have the word and the letter of the Commissioner and very soon we will have the necessary documents, I believe. I acknowledge that. I would have preferred an inclusion within the body of the text, of course. Finally, there is a cloud hanging over this project and over the programming, and that cloud is Galileo. I believe that we must be clear on this subject. We have a very good regulation for intervention, but we still have to recover around EUR 2 to EUR 2.7 billion, and my wish is that, just as for the funding initially provided for, we tap as little as possible into the elements of the financial perspective connected with the trans-European transport networks."@en1

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