Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-25-Speech-2-374"
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"en.20070925.34.2-374"2
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"Mr President, ladies and gentlemen, the Commission presents its proposal to establish the European Institute of Technology as a project creating an important European institution that will integrate research, education and innovation and will help to transform innovative discoveries into commercial opportunities.
As a result, the Committee on Budgets examined the draft budget very carefully. Unfortunately, it turned out that the combined draft budget presents numerous problems and is very ambiguous. The main problem is that the funding was not explicitly included in the multi-annual financial framework for 2007-2013: the sum involved is EUR 308 million. There are doubts about a further EUR 1.5 billion given the proposal to finance the Institute from other programmes, in particular the Structural Funds and the Seventh Framework Programme for Research.
Although there have been a number of discussions with both the Commission and the Council since the Committee on Budgets adopted its opinion, the matter of the Institute’s financing has not yet been solved satisfactorily. However, the additional funds could only materialise, as already mentioned, as part of a review of the financial framework.
Of course we will not know how effective and successful the EIT will be until it has been established. However, it has to prove its viability by attracting money from the private sector too, as the Commission also proposes. This can only be achieved if the projects are topical and they are of a high quality, and if the results are successful. I hope the Institute will succeed in these endeavours."@en1
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