Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-236"

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"en.20100706.24.2-236"2
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"Due to the lack of a single, effective mechanism for economic coordination and balanced growth within the European Union, cohesion policy is playing a leading role in helping us get back on our feet. In particular, Objective 2 of the Structural Funds has been – and remains – one of the most important pillars of cohesion policy, especially in the context of exiting the economic crisis. For countries like Lithuania, more flexible access to the EU regional funds would go a long way to help the recovery of areas worst hit by the crisis. This flexible funding could create new jobs and would have to include diverse areas: investment for infrastructure, support for small firms, professional training, and industrial and rural modernisation. It is important that these instruments are not solely used as fire-fighting interventions. Our efforts must also be focused on long-term restructuring outcomes and the transition to a more sustainable economy – flexibility is also crucial for long-term policy. Objective 2 and other cohesion policy branches can also help once again to narrow the gap between EU Member States. For Lithuania, it is particularly important to catch up where it left off before the financial tsunami hit, and to regain its hard-earned status as a ‘Baltic Tiger’."@en1
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