Brussels, 23/11/2005 (Agence Europe) - At its plenary session in Brussels on 16 and 17 November, the Committee of the Regions (CoR) unanimously adopted a resolution entitled "The financial perspectives 2007-2013: the future path", in which it calls upon the Member States "to resist calls for a reduction in the budget of the Union" and to give the EU "a budget which will allow it to take efficient action in fields where it already has brought, and can continue to bring, tangible added value to the life of European citizens". The Committee went on to warn that "any reduction of the budgetary limits would threaten the fundamental principles of the cohesion policy and, as a result, would sap the principle of solidarity, which constitutes an essential part of the specific nature of European integration and the European model of society". The Committee deplores the fact that the informal summit of Hampton Court "failed to relaunch the debate on the financial perspectives", and voices concern that "delaying an agreement will have a negative impact on the vision the citizens hold of Europe". During the debate, the President of the PES Group of the CoR and mayor of Dunkirk, Michel Delebarre, said that he was in favour of the creation of the new globalisation and adjustment fund, but that this instrument should not replace the "competitiveness" and "employment" budgetary lines (see EUROPE 9049). The text which was finally adopted, therefore, indicates only that "the CoR takes note of proposals to create a new globalisation adjustment fund and the JEREMIE and JASPERS mechanisms, and considers that these instruments should be complementary, rather than alternatives, to the budgetary lines set in place to achieve the objectives of convergence, competitiveness and employment".