Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-506-000"
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"en.20110705.34.2-506-000"2
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I have voted against establishing another funding category. This new category will not only be expensive; it will also damage the economic development of the European Union. At least one third of the current Objective 1 regions would be able to move into this category. In contrast with the normal transitional support, significantly more European funding would be needed for regions which are actually doing well. With the new money from Europe, the regions would have no incentive for further growth. On the contrary, all the regions in a better position would have very good reasons for ensuring that their economic performance did not rise above 90% of average per capita EU GDP. Their ‘reward’ would simply be less funding from Europe. Therefore, I would definitely like to put on record that for me this new category is unacceptable."@en1
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