Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-894"
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"en.20100505.69.3-894"2
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The purpose of this proposal is to provide additional economic stimulus to certain Member States, which had seriously suffered from the economic crises. It followed the European Economic Recovery Plan, in the context of which the implementing provisions of the aforementioned basic regulation had already been modified in 2009 to allow more flexibility with advance payments. The main element of the Commission proposal aimed to address the consequences of the financial crisis. The solution proposed was to introduce a temporary option for Member States suffering from severe cash-flow difficulties to request a 100% reimbursement for financing labour market measures under the European Social Fund, that is to say, derogation from the principle of cofinancing. The entry into force of the Treaty of Lisbon has entailed a change in the legislative procedure. Instead of the assent procedure, where Parliament was only able to say ‘yes’ or ‘no’, Parliament acquired a full say in the content of the text under the ordinary legislative procedure. That is why I voted for this proposal, and it is to be hoped that the Commission will make a corresponding proposal for an amending budget for examination and adoption by the budgetary authority."@en1
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