Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-20-Speech-2-388"

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"en.20100420.14.2-388"2
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"Mr Chairman, fundamentally, this report seems to have some very good objectives helping the Member States of the EU, who have been hard hit by the economic and financial crisis, via European funding. It has the laudable goal of wanting to reduce strains on Member States’ budgets when demands upon them are coming from all directions. Reducing the project thresholds and simplifying the process will all help, as well as the pre-financing of agreed projects to jump start economies quickly. When Europe is facing unemployment figures in excess of 10%, in many Member States much worse, and the economy looks only now to be slowly reviving, there are many things Member States should be doing to rebuild their state finances. However, this report is fairly limited and does not seem to address many of them. However, a note of caution: the idea that Member States should no longer have to cofinance projects with any of their own money seems a high-risk policy. Already, much of European money is not properly accounted for in spending projects due to improper oversight procedures. Removing a Member State’s vested interest in ensuring its own money is well-spent should not be an invitation to their misuse. We need to ensure that relaxing the cofinance criteria does not reduce accountability. However, this problem in itself is unlikely to have much effect on my constituents in Wales as, if the European Union has its own way, we will not, post 2013, have any more money to spend on any ongoing projects, which are so generously cofunded by the European funding at this moment in time. While it is all very well to say that some of the new Member States are poorer than the old and so need special help, the colossal amount of debt in the UK and the very low GDP per capita in my region of Wales, which was recently compared, unhelpfully, to the economic performance of Rwanda, hopefully mean it will not be forgotten. I have discovered by word of mouth that plans may be under way to disqualify regions like Wales, and I do hope that in the future, we will qualify for transitional funding."@en1
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