Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-18-Speech-4-190"

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"en.20081218.33.4-190"2
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"I supported the adoption of the report drawn up by Jutta Haug and Janusz Lewandowski on the EU draft budget for 2009. It is important that, ultimately, MEPs were able to reach a compromise with the Council with regards to the funding of Parliament’s priority objectives, such as combating the impact of the economic recession, and action to promote economic growth, cohesion and employment. Parliament will increase the financial resources earmarked for social and employment policy, namely activities to promote competition and cohesion. This expenditure will cover the Social Fund, which will receive an additional EUR 135 million, as well as the Regional Development Fund and the Cohesion Fund. In the current, difficult financial situation throughout the whole of the European Union, initiatives to promote development and employment are of paramount importance, and this must be reflected in the 2009 budget. It is laudable that the budget also intends to earmark additional funds for providing assistance to SMEs. Developing countries will be able to count on financial aid to alleviate the effects of sudden increases in food prices, and an additional EUR 1 billion will also be earmarked for efforts to prevent famine in the Developing World. I also welcome the fact that Parliament intends to limit its administrative spending and to restrict this sum to under 20% of its total expenditure."@en1

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