14
Jun
2023
Watch
Make Europe the place to invest (debate)
Madam President, Mrs Rosval, Mr Reynders, we need to do more to attract more investment to Europe. This is because in recent years we have been losing ground both to the United States and to China and to global competition. But to achieve this goal we need to do more at European level. We need new tools and funding for these tools. What will happen, Mr. Reynders, to the implementation of Mrs. von der Leyen's announcement of the famous Sovereignty Fund? With what resources will it be financed when, Mrs Rosval, the Council insists on a European Union budget of 1% of European GDP? What will happen, Mrs. Rosval and Mr. Reynders, in three years' time when the Recovery Fund ends? Are Invest EU funds enough? Should the 27 together invest more to deliver on the Green Deal, the digital transition, and should these policies not be seen by colleagues on Parliament’s far-right benches as an obstacle to investment? Should we become stronger and more united as Europe, as Germany, the largest economy in the European Union, is too small for the planetary level? We therefore need more Europe, a stronger budget, and I say this to you, Mrs Rosval, because your country, whenever we discuss the budget, wants to cut and not add, and increased own resources, to support both the Green Deal and the digital transition and the European social model.