Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-254-500"
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"en.20111201.35.4-254-500"2
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"The economic and financial crisis and the economic recession, which the world and Europe are experiencing, have led to a deterioration in financial, economic and social conditions in several Member States, including Portugal; this has led to a reduction in the financial resources available for funding public investments.
I welcome the European Commission proposal to use cohesion policy to provide additional financial assistance for the Member States currently facing serious difficulties handling their deficit, as is the case with my country. This will enable the continued implementation of programmes that were threatened by the economic situation.
I agree with the rapporteur on the strategic importance of the retroactivity of these measures to increase the rate of cofinancing by 10%. The agreement reached seems balanced to me, establishing sunset clauses and eligibility criteria that do not harm the future multiannual financial framework.
I am convinced that this amendment to Regulation (EC) No 1083/2006 will play a key role in helping the Member States hit hardest by the crisis, alleviating the pressure on their national budgets and doing justice to a policy of genuine cohesion among the EU Member States."@en1
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