Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-03-Speech-3-099"
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"en.20081203.13.3-099"2
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"The EU economic recovery plan provides for sound investments, which is why it supports the increase in budget allocations by around EUR 200 billion for the period ahead, as part of the economic growth and stability pact.
I appreciate in particular the readiness of the European Central Bank to cut interest rates in order to ensure the levels of liquidity required by the banking system to be able to invest in the real economy.
I also particularly appreciate the proposal made to amend the financial framework in order to invest during the next two years EUR 5 billion in developing the broadband infrastructure and connecting up Europe’s power infrastructures.
I welcome the initiative launched by the European Investment Bank and certain national banks aimed at creating a 2020 fund earmarked for energy and climate change activities and for developing the transport infrastructure.
It will be possible to use state aid to support research and development, innovation, communication and information technology, transport and energy efficiency."@en1
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