Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-353-687"
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"en.20110927.26.2-353-687"2
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"Many Member States fail to take full advantage of the financial resources available through Structural and Cohesion Funds. These funds represent around 37% of the EU budget and enable the regions to invest in major infrastructure projects which can create jobs and economic growth. We should therefore help and encourage these States to make better use of these funds. If we want these funds to be an effective tool for regional development, we need to simplify procedures, enable local and regional authorities to independently manage the use of subsidies and relax the barriers to cofinancing projects. The action plan soon to be presented by the Commission should be based on the sharing of best practices and ultimately enable optimum use of these funds."@en1
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