Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-458-000"

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"en.20120704.28.3-458-000"2
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"Mr President, the report we are now debating recommends introducing a new financial instrument supporting the use of bonds to fund infrastructure projects. I am generally sceptical about such initiatives, as they increase the debt burden of states and of the other investors who construct transport, energy and other public infrastructures. These entities are already heavily indebted, and some are even over-indebted, and to help them by facilitating the implementation of public investment through additional debt is not, in my opinion, the right way to go. I would also like to comment on the amendment tabled in respect of the original text, requiring that newly built transport infrastructure take account of issues related to climate change. I confess I have no idea how this could be achieved. Transport infrastructure has nothing to do with climate change related problems as far as I can see, and an additional, poorly-defined term like this should not be added to the text."@en1
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