Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-289-000"

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"en.20120419.15.4-289-000"2
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". Cohesion policy is the only real mechanism available to the European Union to redistribute wealth. The richest countries, through these funds, participate in the development of the poorest regions. This policy should follow the objective it has always been set: to combat disparities in wealth between the regions of Europe. The economic crisis hits the poorest and most underdeveloped regions hardest. Now more than ever, these regions need to pursue public investment to combat the harmful effects of the crisis. Since the beginning of the crisis, we have been calling on the Commission to abandon the principle of cofinancing for those regions of the European Union in the greatest difficulties. We are calling on the Commission to provide 100% funding for programmes planned since 2007 by those regions of the European Union in the greatest difficulties. Unfortunately, this is not the chosen solution. The Commission intends to continue to fund projects which should have been funded through its cohesion policy through lending and through the continued debt of the states and regions in the greatest difficulty. I reject that."@en1

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