Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-273-500"
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"en.20121026.23.5-273-500"2
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The European Semester is primarily a tool to coordinate the national budgets and reform programmes of Member States. In the current situation of fiscal restraint on all Member States, the EU budget should play a countercyclical role. Through its triggering and leverage effects, particularly in areas of inclusive and sustainable growth, such as cohesion and regional policies, it can help foster growth and increase competitiveness. During this European Semester 2012, a very important agreement was reached aimed at stimulating the financing of key infrastructure projects able to generate growth in Member States in the areas of transport and energy."@en1
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