Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-574-000"
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"en.20110623.37.4-574-000"2
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"Reducing the public investments of Member States in selected areas is not an appropriate solution, since the fight that the EU and the individual nation states are waging against the crisis through cost-cutting is really not the most viable approach. If we really do have an interest in restoring economic growth and employment and intend to do so, and if we really do want to implement the Europe 2020 strategy, then growth in public investment must be greatly accelerated. In addition to the Europe 2020 strategy, this would also be fully in accordance with the European Semester. Among other things, this should result in the national Member State budgets and the EU budget complementing each other and working through synergy towards the fulfilment of these objectives. The Commission, however, is inclined to postpone the necessary giant leap in terms of a common financial effort to the Multiannual Financial Framework after 2013. Such a position, however, will seriously threaten the achievement of the main objectives by 2020. It is therefore desirable for the Commission to reassess its position in unambiguous terms."@en1
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