Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-01-15-Speech-2-174-000"

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"en.20130115.19.2-174-000"2
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"Mr President, as an MEP for London, I am pleased to see that this report recognises cities as drivers of economic growth. I am also pleased that the report recognises that the definition of cities is best decided at Member State level. Structural funds are worth GBP 1 billion to the United Kingdom – to London in particular – and they support business urban regeneration in the capital. London should continue to receive these subsidies and they should be delegated to London to be managed directly. Nevertheless, I am unable to vote for this report. This is not because I do not agree with its objectives. The report calls for the cohesion funds to be maintained at the current level. Cohesion and Structural Funds are the second largest item in the EU budget, accounting for one-third of the total expenditure. At a time of austerity, the EU budget needs to be cut down to size and this cannot exclude cohesion funds."@en1
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