Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-152-500"
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"en.20120705.19.4-152-500"2
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"I voted in favour of this report because a modern and effective infrastructure is of key importance for achieving the Europe 2020 objectives of smart, sustainable and inclusive growth, as well as reducing 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. A Connecting Europe Facility (CEF) should therefore be included in the next financial framework in order to accelerate infrastructure development in the fields of transport, energy and ICT networks, with particular emphasis on strategic cross-border aspects. For the pilot phase, the Commission proposes an EU budget contribution of EUR 230 million, financed through redeployment within existing programmes. While it is important for adequate reporting to be ensured so that well-founded conclusions can be drawn before the setting up of the CEF, the main aim of this pilot phase is to test markets’ acceptance as regards this new initiative."@en1
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