1 Amendments of Pascal ARIMONT related to 2016/2148(INI)
Amendment 225 #
Motion for a resolution
Paragraph 33 a (new)
Paragraph 33 a (new)
33a. Recalls that a substantial amount of public investment is made at local and regional level; stresses that the European System of Accounts (ESA) must not limit local and regional authorities' ability to undertake necessary investments, which would consequently prevent them from providing the co-financing needed for ESIF projects, ultimately leading to a decline of public investment; strongly encourages the Commission to reassess the ESA's strictly annual approach so that public expenditure is considered as capital investment and not merely as debt or operating expenses;