Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-03-31-Speech-3-111"

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"en.20040331.3.3-111"2
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". The Commission proposes that the European Investment Bank’s mandate to grant external loans, guaranteed by the Community budget should be revised, so as to take account of the New Neighbourhood policy in the context of an enlarged Europe, which is included in its proposals for a political and financial framework for 2007-2013. If we consider the ceiling for loans, which stands at EUR 20.260 million, we will rapidly conclude that the report accompanying this legislative proposal adds little to the underlying geopolitical considerations and objectives, particularly that of creating a pan-European-Mediterranean free trade area, in which the European Union can exert political, economic and military influence at regional level. The neighbourhood policy includes Russia as a matter of priority, for which the rapporteur proposes an increase of EUR 500 million in the provisional share-out, and the countries of the Mediterranean basin. These loans would clearly serve a policy of influence, self-interest and regional interference on the part of the European Union. This is an objective that we reject. More worrying still, however, is the fact that this policy of good neighbourliness has appeared at the expense of the EU’s cooperation and development policy, particularly with the ACP countries, Latin America and Asia."@en1

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