Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-376-500"
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"en.20120703.18.2-376-500"2
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"In a situation of incipient economic growth, market instability and increased global imbalances, the EU needs to strengthen its competitive advantages in order to attract investment to the region, and thus promote balanced growth and greater cohesion. This report, for which I voted, calls on the Commission to draft a communication assessing and promoting the attractiveness of investing in Europe. This should include recommendations to the Member States and act as one of the bases for enhancing the EU investment environment. Despite being the world’s number one recipient of foreign direct investment, Europe needs to fix its weaknesses and make the most of its advantages and strengths, given the increasing competition from developing countries. Weak economic growth in Europe, high taxation and high public debt consumption are factors which raise concerns among investors. However, the high quality and diversity of our human capital, the predictability of the business environment and the high potential in research and innovation all work to our market’s advantage, and are factors that should be strengthened and enhanced."@en1
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