Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-187-000"
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"en.20121026.23.5-187-000"2
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"Mr President, ladies and gentlemen, the increase in the number of innovative financial instruments poses many challenges in terms of regulation, governance and monitoring of their effectiveness. It is essential to strike a balance between the need for transparency and monitoring, and a sufficient level of effectiveness and speed of implementation.
The introduction of such instruments at European level is, however, highly important, as it is a way of enabling the European Union, especially in times of crisis, to stimulate investment in the real economy in a way that is in line with its objectives at a time when, against the background of a constant fall in the volume of resources allocated to its budget, its political ambitions are steadily growing."@en1
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