Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-152-125"
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"en.20120705.19.4-152-125"2
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"I voted in favour of the resolution on financial aid in the field of the trans-European transport and energy networks. A modern and effective infrastructure is of key importance for achieving the objectives of the Europe 2020 strategy, i.e. smart, sustainable and inclusive growth as well as a reduction in unemployment through the completion of the internal market. Investment needs in the field of transport, energy and information and communication technology (ICT) infrastructure in Europe are estimated at EUR 1.5 trillion for 2010-2020. While the private sector should finance the main part of these – mostly profitable – investments, the public sector’s role in Europe will be crucial for achieving the above targets. At the present time of fiscal constraint, when the need to stimulate private financing of key infrastructure projects becomes urgent, it has been decided to launch a pilot phase of the Europe 2020 project bond initiative already for the current MFF (2012-2013). Even though the pilot phase would, by definition, be limited in terms of scope, budget availability as well as projects supported, it is expected to provide a unique possibility to evaluate the operation of the current instrument before its possible implementation for the period 2014-2020."@en1
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