Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-509-000"
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"en.20110608.20.3-509-000"2
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"Labour Euro MPs believe the focus and priority for EU spending must be the funding of economic investment and research which boosts the economy and creates jobs. Targeted EU spending is one way in which we can boost local economies and bring jobs to our communities. In the face of government cuts, the EU is providing vital funds for the UK regions. However, taxpayers want to see better value for money. That is why Labour Euro MPs voted against calls for a 5% budget increase. Savings can and must be made in other areas, in particular, the common agricultural policy, including harmful agricultural export subsidies and tobacco subsidies, in order to fund Europe’s economic priorities.
The debate on the next Multiannual Financial Framework is an opportunity for fundamental reform and it must be seized. A ‘business as usual’ policy is not an option in a Europe that needs finance for jobs and growth. Labour Euro MPs do not believe that families should continue to bear the full cost of the UK’s budgetary contribution. That is why we back a debate on alternative ways to fund the EU, cutting the amount coming from VAT and the national budget through options such as coordinated measures addressing the under-taxed financial sector."@en1
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