Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-278-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20120419.15.4-278-250"2
lpv:hasSubsequent	lp_eu:2012-04-19-Speech-4-278-3752
lpv:speaker	lp:Andrea Cozzolino2
lpv:spokenAs	member; EMPL (2012-01-19--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2014-06-30)3 member; Delegation for relations with Afghanistan (2009-09-16--2014-06-30)3 substitute; TRAN (2012-03-22--2013-04-28)3 member; S&D (2009-07-14--2014-06-30)3 substitute; REGI (2012-01-19--2014-06-30)3 unknown; Partito Democratico (2009-07-14--2014-06-30)3 member; BUDG (2012-01-19--2013-04-16)3
lpv:translated text	"− The report proposes to help the Member States most affected by the financial crisis and unable to guarantee the necessary private funding for completing revenue-generating infrastructures. Private partners are not in a position to invest due to liquidity problems and the difficulties in accessing loans, so part of individual Member States’ financial allocations to the Commission is to be transferred in order to create a fund to cover the risks linked to the loans. This means that, in order to allow the completion of ongoing works, some Member States will in fact deprive themselves of part of their allocated funds. As far as we are concerned, while we support the instrument, we should have preferred intervention of a more structural nature for dealing with the endemic lack of liquidity in many Member States, in order to improve expenditure performance and avoid having to resort to drastic measures that could reduce resources. In this regard we are convinced that these difficulties could be overcome by introducing a derogation from the Stability and Growth Pact, in order to allow the national cofinancing of projects considered particularly important for economic recovery and job creation."@en1

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