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Verbatim report of proceedings
Wednesday, 13 June 2012 - Strasbourg OJ edition

Explanations of vote
MPphoto
 
 

Text tabled : B7-0279/2012

  Nuno Teixeira (PPE), in writing. (PT) In the multiannual financial framework, the sums allocated to the individual development of the regions – cohesion policy – have decreased, but the overall sums going into economic, social and territorial cohesion have increased, owing to the Connecting Europe Facility. By contrast, the sums allocated to the common agricultural policy – Agriculture and Rural Development – have decreased, demonstrating that the European Union is not investing in the first-sector economy. I agree with the rapporteur that the EU budget is an investment budget with a strong leverage effect and can represent a very strong tool to increase strategic investments with European added value consistent with an approach aimed at creating growth and jobs. However, I voted against this motion for a resolution because I disagree with the rapporteur about own resources. I take a positive view of the proposals on the financial transaction tax and a new EU own resource from VAT.

 
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