Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-162-000"

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"en.20120705.19.4-162-000"2
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"I voted in favour of the project bond initiative because project bonds will enable resources we know to be limited to be used intelligently through the redeployment of existing budget lines and the leveraging of potential investments. Furthermore, budgetary stability policies will not bear fruit unless they are supported by measures to relaunch the European economy. The bonds in question are targeted at precisely those areas which are likely to create jobs and boost competitiveness, namely, transport and energy infrastructure and broadband. We now have to think about the way forward, that is to say, the establishment of the Connecting Europe Facility. This comprehensive EU ‘infrastructure fund’ will be based not only on subsidies, but also on innovative financial instruments, such as project bonds."@en1

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