Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-092-000"

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"en.20121120.4.2-092-000"2
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". I quite agree with your analysis and approach, Mr Cofferati. That is why the European Commission responded so positively to the letter it received from several Nobel prize winners asking the Council – on the eve of an important meeting on the next Financial Perspective – not to cut investment in research and innovation. The European Commission proposed an increase from the current 54 billion euros to – I sincerely hope – 80 billion euros, to make our entrepreneurial system more competitive globally, by backing a few specific sectors and also using applied research in industry more than is the case at present, which is of particular benefit to our competitors. The sectors to which you refer, which are listed in our proposal on the reindustrialisation of the European Union, are the sectors in which Europe wants to win on quality, and they lie at the centre of the mosaic of European reindustrialisation. From these sectors – I am thinking of clean vehicles and sustainable construction, as well as biotechnology and smart grids, and therefore of the infrastructure you were referring to – all the others can benefit: if the car industry and the construction industry are doing well, the steel industry will benefit from this, because these two sectors are some of its main customers. Of course infrastructure is very important. In the context of the next budget – I am sure Parliament will be with the Commission on this – we must make sure that EU investment in the infrastructure sector – thinking particularly of smart grids – is not reduced because incorrect valuations have been made. This would be damaging for our entire economic policy and for the extensive action being taken in favour of growth. That is why the debate beginning in the Council in a few days’ time is extraordinarily important. I think the roles of both Parliament and the Commission are very important for ensuring that the EU budget is not reduced, not for the benefit of the institutions but for the benefit of citizens, who need a real economy and a market economy that can genuinely fulfil a social function."@en1
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