Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-054-000"
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"en.20120613.6.3-054-000"2
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"Mr President, we all accept that jobs and growth are the most urgent priority for the European Union, and this multiannual financial framework, if it is used as an investment budget, presents us with a valuable opportunity to make a vital contribution to resolving the European financial crisis. So we do welcome investment in research and development in the single market and in cross-border infrastructure.
But there are three points which I have to make. First, the budget must be able to demonstrate real added value. Too many of the traditional spends in past budgets clearly have not, and we must understand that quantity of spend is no substitute for quality. Second, it must be fair: we are open to suggestions on new own resources, but I have to say that a financial transaction tax would not be acceptable, nor indeed would the abolition of rebates. Finally, this House would be mistaken to assume that we could increase the size of the budget at a time when all the rest of Europe is facing austerity, financial disciplines and hard times."@en1
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