Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-350-750"
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"en.20110927.26.2-350-750"2
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"During these times of crisis in the European Union, it has to be said that the cohesion policy is one of the greatest achievements of European integration. It is the very embodiment of solidarity between Member States and the European regions. However, the absorption capacity of Structural Funds by the States and competent authorities poses a problem: there are many disparities within the Union, but, on the whole, funding is inadequate and misused. Each year, some of the money remains unallocated.
The report that we have adopted lists the various causes for this, underlines the need for simplifying access to funds, and highlights the need for greater coordination between the various levels of governance. Structural Funds provide vital tools during this current period which help us to deal with the consequences of the crisis (with the European Social Fund (ESF) in particular funding training and/or retraining, for example) and move forward with the development of infrastructure projects through the European Regional Development Fund (ERDF). What we really need to do, however, is maximise their potential."@en1
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