Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-361-750"

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"For the 2007-2013 period, the cohesion policy has EUR 347 billion, in other words, 35.7% of the EU budget. These funds account for 25% of public investment in Europe and are essential for ensuring economic, social and territorial cohesion within the European Union. However, numerous delays are blamed for their uptake. For example, Greece, which could benefit from a total of EUR 20.3 billion, has only used 4.9 billion as of mid-2011, and has another 15.4 billion to spend by 2013. That takes the biscuit, at a time when that country is going through one of the most serious budgetary crises seen in Europe for decades. The reasons for these delays are clearly set out in this report: slow implementation of new management systems, global economic recession, public finances in crisis, highly complicated rules, procedures changed during programming, a lack of qualified staff, inadequate project preparation ... There are solutions to improve take-up of these funds: we just need to have the courage to apply them. We need to be brave and make reforms, simplify procedures, empower and support those involved. The cohesion policy will be legitimate and help heal the crisis if, and only if, these funds are actually taken up."@en1

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