Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-174-000"
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"en.20120213.19.1-174-000"2
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"Madam President, the proposal announced by the Commission is generous. I have no doubt that it is inspired by the best intentions. However, the Commission is aware that it is not about blocked or wasted money but about money for infrastructure, for instance, for large-scale projects outlined at the start of the financial perspective.
Of course, a large proportion of funds are targeted actually at small businesses and youth programmes. In any case, this kind of reallocation may offer an opportunity to those Member States wishing to invest more in these two areas. However, this must remain an individual option for each state, decided on a voluntary basis.
Setting up a fund to be managed by the European Commission is not a solution. The mere suspicion that funds could be reallocated between Member States is a risky issue. The right solution is to provide greater flexibility in reordering priorities internally. At the same time, we should not forget that the biggest obstacle preventing the effective use of EU funds is the lack of resources for ensuring national and private cofinancing."@en1
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