Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-063-000"
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"en.20120329.4.4-063-000"2
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"Mr President, we are facing an inescapable reality. The European Union cannot emerge from the recession it is going through just by applying austerity measures. It needs sound economic growth which is built on investment in research, development and infrastructure. In this context, the European Parliament is calling today on the governor of the EIB to approve a significant increase in the bank’s capital. We must take rapid action to encourage the development of sustainable industries and job creation.
I mentioned it already as part of the 2009 European Investment Bank report and I will reiterate the same idea again today. It is the European Commission’s duty to introduce bonds for funding projects as soon as possible, preferably prior to the 2014-2020 budget period.
Finally, I would like to point out that the EIB should give priority to investment projects in regions and Member States which are facing the biggest economic difficulties and the most serious liquidity problems."@en1
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