After careful consideration of the Commission's Proposal for a Regulation establishing a financing instrument for development cooperation and economic cooperation, the draftsman is forced to conclude that, because of the substantial erosion of Parliament's powers that would result from the adoption of the proposed instrument, the proposal in its present form is unacceptable.
After careful consideration of the Commission's Proposal for a Regulation establishing a financing instrument for development cooperation and economic cooperation, the draftsman is forced to conclude that, because of the substantial erosion of Parliament's powers that would result from the adoption of the proposed instrument, the proposal in its present form is unacceptable.