Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-187-000"
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"en.20111213.26.2-187-000"2
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"Madam President, I voted for and backed the De Castro report on cofinancing rates for Member States using financial stability mechanisms. I welcome the agreement between Parliament and the Council to increase the EU cofinancing rates for rural development programmes in Greece, Ireland, Portugal, Latvia and Romania. I sincerely hope that this extra assistance will help these countries, which are experiencing severe budgetary constraints following the financial and economic crisis, to access EU rural development funds.
The funding should provide much-needed investment in creating jobs and growth, both of which are vital for economic recovery. However, these special measures cannot be a blank cheque: they must deliver genuine results and outcomes. That is why the cofinancing measures must only be a temporary facility which can be renewed after one year if they prove to be successful in helping these countries to access the funds. I hope the funding will succeed in creating new jobs, new opportunities and much-needed growth in these countries, and that we will be in a position to renew these measures next year."@en1
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