Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-353-000"
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"en.20110927.26.2-353-000"2
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"Within the framework of regional development, the utilisation and proper deployment of funds is crucial in eliminating economic, social and regional inequalities, especially in less developed and disadvantaged regions. The inability to absorb funds is exacerbated at present in light of the economic crisis and austerity policies chosen to address it. The report makes a number of correct assumptions about the importance of absorption of structural and cohesion funds by the EU regions and identifies several of the problems with the procedure. I abstained, because the report suggests the method of ‘public-private partnerships’ as the solution in terms of increasing absorption and proposes that national legislation should be amended in order to improve and simplify its adoption, with a view to further facilitating such partnerships. Experience to date has shown that PPPs, at both regional and local level, serve private profit; they do not maximise social benefits. The cost of implementing them is demonstrably higher, they are less efficient economically and their standard is low. Finally, the benefits are not channelled directly to local economies and communities; on the contrary, they create additional nuisance and charges."@en1
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