Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-263-750"

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"en.20111201.35.4-263-750"2
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"The still ongoing financial and economic crisis has extremely negative consequences for the macro-economic stability of the public finances of Member States. Budget cuts have given rise to problems realising important cohesion policy projects and form an obstacle to the necessary use of the EU’s Structural Funds. The proposed amendment of Regulation (EC) No 1083/2006 is designed to enable particularly hard-hit Member States to be able to make use of EU aid for which they meet the required conditions by means of lowering the cofinancing rate. The measures are of a temporary nature, the Commission proposal being given specific definition in its final form by means of amendments. I voted in favour."@en1

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