Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-066-000"

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"Mr President, the ambitious strategic targets which the European Union has set itself demand considerable input of investment and resources. On the other hand, the economic crisis has caused many Member States to find ways of economising. It is difficult to reconcile both of these trends, so I consider the search for innovative financing to be important and worth pursuing. However, I would like to draw attention to two particularly important matters. Firstly, innovative financing must be seen as supplementary to the budget of the European Union. It should be treated as support for the ambitious targets of the European Union, but not as a temptation to reduce contributions from the Member States. Secondly, the influence of the proposed funding methods on European competitiveness and on unemployment levels should be carefully analysed."@en1
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