Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-21-Speech-3-112-000"

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"en.20121121.4.3-112-000"2
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"The EU has come under heavy fire recently. It is struggling to tackle the crisis and the Member States are more divided than ever, certainly when it comes to the new multiannual budget. An ambitious agreement is nonetheless supremely important for the future of the Union, because the budget is the only solidarity mechanism that we have in the Union and that solidarity mechanism is under pressure. Net payers are no longer willing to foot the bill for countries that are struggling, which puts the future of the whole European construction at risk. The financial crisis is undermining the whole solidarity mechanism. It is ironic that it is those countries above all who think that we should cut spending ‘together’, who want to prevent Member States from acting out of real solidarity with each other. Cutting spending together is alright, building something up together is not. That is why it is essential that the Union has its own funds at its disposal. Otherwise solidarity within the EU will simply come under more and more pressure. That is the only way we will be able to draft a European budget with sufficient funds to invest in sustainable growth and jobs. Without this investment we are facing a lost decade and lost generations, who are in danger of turning their backs on the EU."@en1

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