Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-26-Speech-1-245-500"
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"en.20110926.25.1-245-500"2
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"I was pleased to see the European Commission’s proposal setting the absorption capacity for European funds by any one country at 2.5% of GDP. There are still many Member States which qualify for the first convergence target. Access to EU funds will permit faster development of these regions, greater innovation and what this entails in being better able to withstand the recession with which the whole world is now grappling. The decision to concentrate funds on a smaller number of priorities and to monitor their use more efficiently are excellent ideas, as is the idea to reward Member States and regions which best implement the aims of the Europe 2020 strategy. This will certainly motivate Member States to make more considered and effective decisions on spending money from the Structural and Cohesion Funds. I am also pleased that attention has been drawn to more efficient use of the European Social Fund, as the money is meant to be spent on effective programmes which will allow the beneficiaries of the projects concerned to find work. Thank you very much."@en1
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