Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-211"
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"en.20100615.24.2-211"2
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"Mr President, I was extremely pleased, but not surprised, at the overwhelming vote in favour, which has been consistent throughout the debates on the International Fund for Ireland. Of course, the EU is one of the main contributors to the IFI’s inception in 1986, when it was established by the London and Dublin governments to promote economic and social development in the 12 counties on both sides of the border.
More than EUR 800 million in contributions have been paid into the fund, and when the multiplier effect is taken into account, this equates to an investment in excess of EUR 2 billion.
I am from a border county myself and I am a representative of the border region and, as such, I have a very good understanding of the part the International Fund for Ireland played in the peace process.
More than 40 000 direct jobs and 16 000 indirect jobs have been created with the help of the International Fund and it has created employment opportunities in an economically disadvantaged region.
In conclusion, while a sunset strategy has been agreed to take the work of the IFI to the end of this year, I do believe that every consideration should be given to prolonging this worthwhile and effective programme. Thank you for your indulgence."@en1
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