Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-159-000"
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"en.20120705.19.4-159-000"2
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"I voted in favour of Parliament and the Council’s proposal for a regulation establishing a Competitiveness and Innovation Framework Programme and on the regulation laying down general rules for the granting of Community financial aid in the field of the trans-European transport and energy networks. Indeed, I would argue that 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. Project bonds are a debt instrument issued by private project companies, with the backing of the EU/European Investment Bank (EIB). This makes the bonds safer and more attractive to capital market investors otherwise not normally investing in infrastructure, such as pension funds. By reducing the risk taken by investors, it should stimulate the flow of private funds towards priority infrastructure investments, for which uncertain risk perceptions block the flow of finance."@en1
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