Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-349-750"
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"en.20111213.26.2-349-750"2
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"I voted against this legislation as it simply throws more money at the EU’s failing economies. It is unacceptable that UK taxpayers’ money will be used to pay up to 95% of the costs of rural development projects in Greece, Ireland, Portugal, Latvia and Romania to help spur economic recovery when the UK deficit is only controllable due to the fact that we chose not to join the single currency. Our wisdom more than a decade ago to not join the euro must not be used against us now as the euro fails to fund the resultant problems occurring in single currency Member States and other nations in the EU. These higher cofinancing rates for states in financial difficulty would be applied on a temporary basis only, until the end of 2013, but what kind of guarantee would the UK have that this legislation would not be continued or that the recipient nations would spend the funding wisely? In most cases, such EU projects are cynically established to restore the image and perception of the European Union in countries that may either be disillusioned with membership or new to the Union."@en1
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