Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-209-000"

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"Taking into account the interinstitutional agreement of May 2006, the European Commission is proposing to mobilise the flexibility instrument for Heading 1a of the 2012 EU budget, on competitiveness for growth and employment, and Heading 4, on the EU as a global player, since it is becoming essential to exceed the maximum limits for both headings. The sums to be mobilised represent EUR 30.75 million for Europe 2020 strategy targets, and EUR 208.67 million for the European neighbourhood and partnership instrument. Both areas are extremely important to the EU, to differing degrees. Firstly, it is crucial to start taking the required measures and to allocate the necessary funding to transform the EU into a smart, inclusive and sustainable economy by reducing the unemployment rate, by increasing productivity, and by increasing social cohesion. To this end, there is a need to implement the seven flagship initiatives of the Europe 2020 strategy. As regards EU foreign policy, following the revolutions of the Arab Spring, it is essential that the EU support processes of democratic transition in these countries and that it create, at the same time, the measures necessary for the economic and social development of the public, whose expectations are now extremely high."@en1

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