14
Dec
2022
Watch
Upscaling the 2021-2027 Multiannual Financial Framework (debate)
Madam President, Commissioner, ladies and gentlemen! Imagine you are building a house. For this, you put money back every month. Your house should be stable, modern, climate-neutral, and your grandchildren should still live in it. But then you need money for other important purposes: They help your neighbor in need, they need bread and warmth for the winter. But what will become of the house? No one believes that you can invest in the long term if you keep diverting funds. Why do we do exactly that with the EU budget? Regional policy is the EU's key long-term investment instrument. It helps our regions to grow, to become greener, to become more modern, to create jobs. However, resources from regional policy are repeatedly misused for various crises. Almost half a dozen ad hoc instruments have been created under the ERDF alone. In this way, we endanger investments in technology, in urban development, in cycle paths. That's the wrong way. New, additional resources are needed for new tasks. Let's continue to build the House of Europe and invite our neighbours. We need a stronger, future-proof financial framework for this.