Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-452-000"

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	"pl"^^xsd:language2
lpv:document identification number	"en.20121025.32.4-452-000"2
lpv:hasSubsequent	lp_eu:2012-10-25-Speech-4-453-0002
lpv:speaker	lp:Tomasz Piotr Poręba2
lpv:spokenAs	vice-chair; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 member; REGI (2012-01-19--2014-06-30)3 member_of_the_bureau; PECH (2010-02-18--2014-06-30)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; AFET (2012-01-19--2014-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 member; Delegation for relations with the countries of the Andean Community (2009-09-16--2014-06-30)3 unknown; Prawo i Sprawiedliwość (2009-07-14--2014-06-30)3
lpv:translated text	". Mr President, Commissioner, there is no doubt that the development of innovative financial instruments may lead to an increase in public investment in the EU, where a decline has been seen since the mid-1990s. Innovative financial instruments should implement the political objectives of the European Union, respect the principles of proper financial management and supplement such traditional instruments as subsidies. They should be aimed at making it easier to implement projects, they should have a set completion date, and they should also give rise to an increased contribution of private capital for projects in the public infrastructure sphere, where they may serve as a guarantee of optimum utilisation of financial resources. One thing that will be of considerable importance in this area is a simple legislative framework which does not constitute a burden on intermediaries and beneficiaries, but causes these instruments to be attractive to both public and private investors. There is a concern, however, that innovative financial instruments will be utilised solely in short-term investments pitched at turning a quick profit, and will not be applied in the implementation of projects which provide intelligent and stable economic development out of concern for there being too great a risk and as a result of a lack of public funds."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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