Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-13-Speech-1-992"

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"en.20101213.20.1-992"2
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"Europe is currently going through a difficult period. The financial crisis of 2008-2009 is still being strongly felt in the economy, which is causing a widening of the gap between the wealthy regions of Western Europe and the poorer regions of Central and Southern Europe. This situation is making it necessary to strengthen mechanisms which are effective in fighting the crisis. The most important of these at Union level are cohesion policy and the regional funds. As a result of the cofinancing of investment at local level, they have become an effective symbol of a European cooperation which has risen above national interests. They also made a significant contribution to extending the area which enjoyed economic growth between 2004 and 2007, as well as to reducing the gap between the countries of the old and the new Europe. This is why it has become so important to increase Union funds for cohesion policy in the Financial Framework for 2013-2020, to maintain convergence as a primary objective, and to maintain the current mechanism for selecting beneficiaries based on GDP levels in different regions. I think the possibility of raising the level of investment cofinancing from 75% to 80% while, at the same time, reducing financing for the remote regions is also important. From the point of view of the countries of Western Europe, I think it is also important to continue the financing of infrastructural investments, particularly in the vertical strip which joins the north and south of Europe."@en1

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