Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-251-500"

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"en.20111201.35.4-251-500"2
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"During this period of economic and financial crisis, European solidarity is more relevant than ever. This solidarity is at the heart of cohesion policy, which grants aid to regions experiencing slow economic growth. At the moment, some Member States in receipt of EU Structural Fund support are no longer in a position to cofinance some of their development projects, due to liquidity problems. As I am in favour of a strong cohesion policy, I voted for a European Parliament resolution to temporarily increase the cofinancing level for certain projects by 10% (which, in some very specific cases, may raise this level to 95%). These projects will be targeted, and must meet the objectives of competitiveness, employment and growth."@en1

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