Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-326-750"

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"en.20120613.24.3-326-750"2
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"I voted in favour of this European Parliament resolution because, pursuant to Article 311 of the Treaty on the Functioning of the European Union (TFEU), the Union must provide itself with the means necessary to attain its objectives and carry through its policies, and its budget is to be financed wholly from own resources. The European Parliament has repeatedly called for the creation of new and genuine own resources. Pursuant to Article 312(2) TFEU, the Council is required to adopt a regulation laying down the multiannual financial framework (MFF), acting unanimously, after obtaining the consent of Parliament. The European Union budget’s appropriations are dedicated to stimulating economic growth and creating jobs as well as promoting the EU’s role as a global actor. However, it needs to be stressed that the European Union budget is an investment budget with a strong leverage effect. Despite its limited size, the EU budget pools resources, acts as a catalyst and provides economies of scale and cross-border effects to achieve commonly agreed EU political objectives. Furthermore, the EU budget represents a very strong tool to increase strategic investment with European added value and put the European economy back on track, generating growth and employment while aiming to foster economic and social cohesion throughout the Union."@en1

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