Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-255-687"

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"en.20111201.35.4-255-687"2
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"The Member States that have submitted themselves to financial stabilisation/assistance programmes are currently facing great difficulties in financing their public investments. The enormous budgetary consolidation efforts to which they are subject and the lack of liquidity in their economies threaten to block a significant body of public investment with strong EU backing. If the EU allows this to happen, not only would those countries cease to benefit from the Union support to which they are entitled, but it would also make it hard for their economies to recover. As such, I voted for the report, because I consider the proposal to increase EU cofinancing very positive."@en1

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