Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-022"

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"en.20081217.3.3-022"2
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"Madam President, I would like to draw attention to three issues in this debate. In times of a deepening financial and, therefore, economic crisis in the European Union, this budget is exceptionally small. Commitments amounting to just over 1% of gross national income, payments amounting to 0.9%, and especially the margin of EUR 3.2 billion, testify that the largest Member States do not want to fund the European Union’s most important objectives. Secondly, the European Union very easily takes on additional commitments which were not foreseen in the financial perspective. Recently, an additional EUR 1 billion has been earmarked for preventing famine in the third world, while EUR 0.5 billion has been pledged to help reconstruction efforts in Georgia. This expenditure, which is absolutely justified, will have to be funded at the cost of other important activities, which the Union committed itself to funding much earlier. Finally, in terms of efforts to overcome the economic crisis, individual Member States, especially the less wealthy ones such as Poland, have pinned their hopes on the initiation of advance funding of projects using structural funds. I hope that this exceptionally modest budget will, nevertheless, allow us to fund large investment projects in this way."@en1
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