Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-251-375"
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"en.20111201.35.4-251-375"2
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"I voted in favour of this report on the proposal for a regulation of the European Parliament and of the Council amending Council Regulation (EC) No 1083/2006 as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability. The European Commission proposal is aimed at providing additional financial resources to EU Member States facing particular difficulties in managing public debt/deficit and ensuring financial stability so that it is possible to continue implementing the programmes. A balanced compromise was reached in the negotiations with the Council on the retroactivity of the proposed measures, combined with a sunset clause, allowing all countries participating in the programme to make use of the increased cofinancing rate. This will also allow for swift action to help Member States hit hard by the crisis. The temporary increase in cofinancing ceilings will facilitate the concentration of the funds on the realisation of certain projects and reduce the pressure on national budgets."@en1
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