Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-11-Speech-2-070"

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"en.20080311.8.2-070"2
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"Mr President, the idea of setting up a European Institute of Technology was greeted with considerable scepticism when it was first conceived three years ago, so we should view the current compromise text of the regulation as a major success. The Institute may begin functioning as early as this summer following the Council’s decision in June regarding its headquarters, and the proposed structure of the network of Knowledge and Innovation Communities bids fair to become an excellent stimulator of innovation throughout the EU. As rapporteur of the Committee on Legal Affairs, providing a proper legal basis and thus enabling the Institute to be continuously funded was one of my priorities. I am pleased that the Council has accepted these proposals. The review of financial prospects for 2007-2013 has already enabled the Institute to receive funding of approximately EUR 309 million, and this is a good start. I hope that the mid-term review will enable the EUR 2 billion that is still required for the project as a whole to be found. The appearance of an elite is of particular importance for the scientific sphere in the new Member States, which possess a considerable and hitherto untapped potential. I am therefore of the opinion that the proposal to site one of the EIT’s structures in Wrocław – a city of more than 140 000 students – will be an excellent European investment for the future. Finally, may I warmly congratulate and thank Mr Paasilinna for his splendid cooperation."@en1

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