Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-02-18-Speech-1-064"
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"en.20080218.19.1-064"2
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"Mr. President, dear colleagues, the financial instruments related to the European Union cohesion policy have a major importance in reducing discrepancies between the regions of Europe.
In the case of the newest European Union Member States, the funds allocated by way of the cohesion policy have a crucial contribution to ensuring the future development of the less prosperous regions in these countries. The absorption rate of these funds in the new Member States is continuously increasing. The Union has to adjust the resources allocated by the instruments of the cohesion policy to the reality of an enlarged Europe.
Following Romania’s and Bulgaria’s accession, the guarantee of increasing the financial resources of the cohesion policy after 2013 has become a requirement. The increase of the cohesion funds is a logical consequence of the recent Union enlargement and it will prove the consistency of the Union’s policy as regards the European regions that are less developed and will represent a strong political signal to the new Member States."@en1
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