Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-084-000"
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"en.20111201.4.4-084-000"2
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"Mr President, despite much criticism, the 2012 budget is an austerity budget. This is a good sign for our citizens. It shows that the European Parliament is proposing an appropriate budget for these difficult economic times. To remind you, firstly, 94% of the EU budget goes to our citizens. Secondly, 6% funds the work of the EU institutions and, thirdly, the EU budget for 2012 represents an increase of 1.86% over this year and amounts to 0.98% of the GNI of the EU. This more than meets the demands of some Member States.
Despite all the austerity measures, we must not forget that this period of crisis must be followed by a future. However, with 20% youth unemployment, this promises to be extremely difficult for subsequent generations. Therefore, despite all the financial constraints, we must invest more, both in education and in creating sustainable jobs, so that we do not slide further into the crisis. For example, Greece has a great deal of potential. We can invest in solar power plants there which will not only create sustainable jobs, but will also help us to achieve our climate goals if we can transfer the electricity to our part of Europe.
Last but not least, I would like to thank the two rapporteurs and everyone else involved."@en1
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