Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-033-000"

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"Mr President, we are talking today about the Structural Funds, the growth programme for the European Union, particularly in the poorer regions. We do not need to invent any new growth funds, which is what the left-wing governments in Europe are currently calling for. However, we do need to ensure that the EUR 350 billion currently being proposed is carefully targeted and quickly reaches the people in the regions who need it. During this process, we can learn from the practical implementation of European structural policy, in particular, where competitive procedures were used and where companies had to compete for EU money. In the competitiveness regions, we have introduced more medium-sized companies to European programmes than ever before. One example is the field of nanotechnology, where some regions have succeeded in combining cutting-edge European research and start-up companies. Competitions have also been successfully held in areas such as energy efficiency and sustainable production processes. Competitive procedures are efficient and they represent the opposite of the scattergun approach. Therefore, we must incorporate this option in the Structural Funds regulations, as has already been done in the Connecting Europe Facility in the field of infrastructure. In the case of small companies, European stimuli are often a decisive factor for start-ups and for international business relationships. Providing this funding in the context of a competition is very similar to the way in which the market economy works and this is known to be very efficient."@en1
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