Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-544-000"

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"en.20120703.22.2-544-000"2
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"Madam President, Commissioner, we are obviously all referring to the Council meeting last week during which it was decided to mobilise EUR 120 billion. This is not a minor issue, especially because the Council had so far placed the emphasis solely on budgetary austerity. Here in March, during a similar debate, I said that they were following the wrong policies and needed to change course. Fortunately, it seems that the Council is beginning to change course, and we are not only talking about budgetary discipline, which is needed, but also about promoting sustainable growth. Therefore, mobilising EUR 120 billion is significant, but we cannot forget that we already have the tools to mobilise and invest in the European economy, in the form of the Union budget. We are talking about a budget that makes EUR 151 billion available to the European Union, which is more than was approved last week. Now the finance ministers just need to follow the course set by the last Council meeting, put it into practice and apply it to the European Union budget. It needs to be applied to this budget and to the 2013 budget, because last year, we warned you that we were not going to be able to afford to fund the policies chosen and commitments made and, unfortunately, we were right: for example, there are currently programmes in the Seventh Framework Programme for Research on hold due to a lack of funding. I therefore call on the Council to put a stop now to this policy of cuts and genuinely to provide the money for financing the mandate of the Commission and the European Council."@en1
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