Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-448-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-25"^^xsd:date2
dcterms:Is Part Of	lp_eu:Innovative financial instruments in the context of the next Multiannual Financial Framework (debate)2
dcterms:Language	"sl"^^xsd:language2
lpv:document identification number	"en.20121025.32.4-448-000"2
lpv:hasSubsequent	lp_eu:2012-10-25-Speech-4-449-0002
lpv:speaker	lp:Mojca Kleva Kekuš2
lpv:spokenAs	substitute; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2011-05-05--2014-06-30)3 substitute; FEMM (2012-01-19--2014-06-30)3 vice-chair; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2011-06-08--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2011-05-09--2014-06-30)3 member; REGI (2012-01-19--2014-06-30)3 unknown; Socialni demokrati (2011-04-13--2014-06-30)3 member; S&D (2011-04-13--2014-06-30)3 substitute; ECON (2012-01-19--2014-06-30)3
lpv:translated text	". − Mr President, financial instruments within the EU represent financial support from the Union budget in the form of loans, securities, investment in capital and other risk-related instruments. Transparent and flexible use of financial instruments while participating in the private sector can certainly accelerate and boost the flow of investments throughout the European Union at a time when, owing to the current paralysis in the banks, there would otherwise be no investments. I would like to thank the rapporteur, Ms Gardiazábal, because she, in essence, also included in her final report the majority of the amendments suggested by the Committee on Regional Development. I would just like to focus on a few points that are important in the use of financial instruments regarding cohesion policy. These can in fact have a significant role in achieving cohesion policy aims, because they allow more efficient use of public-sector funds. We have been aware of financial instruments in cohesion policy for some time now. Their increased use, as proposed by the European Commission, may ensure more effective cooperation of the private sector in European investments in the next seven-year budget period and thus actually assist in securing financing for strategic regional investments. It is important that when promoting the extension of the application of these instruments, which over the next seven years may be used in all Structural Funds and cohesion funds and for a variety of purposes, we secure legal clarity, transparency and a simple system. We need a very clear legal framework that is set out on time, definitely before the start of the new programming period. If we wish to promote the success of financial instruments, we must also improve and reinforce knowledge and technical capabilities regarding instrument use both at administrative level and among financial intermediaries, banks and end users. Last but not least, it is important that in view of future, ever increasing, financial instrument use in all European policies, we provide a clear overview of all the risk-related mechanisms which come into effect with financial support from the EU budget."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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