Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-368-500"

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"en.20120703.18.2-368-500"2
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"I voted in favour of this report because, whatever the cost, if we wish to come out of the current economic crisis unscathed, we must succeed in attracting worldwide investors to the European Union. Europe remains the main destination region for foreign direct investment (FDI), but its share is falling. Weak economic growth, high taxation and debt raise concerns on the part of investors which can be magnified in the face of global competition, especially from emerging economies. The EU must address its weaknesses and exploit its competitive advantages. We must make Europe an attractive destination once more for foreign investors and promote entrepreneurial spirit amongst local entrepreneurs. To do so, the EU needs a coherent political, economic and regulatory framework based on sustainable growth objectives and the Community method. We must, for example, address human capital needs better (by focusing on education and training), ensure stability and improve access to finance (especially for SMEs), promote the use of public-private partnerships, boost research and innovation and enhance the single market. We need a coherent, realistic economic and business policy."@en1

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