Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-03-07-Speech-1-081"

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"Mr President, I too wish to dissociate myself from the remarks made by Mr Martin. Point 21 of this resolution does not in any way indicate dissatisfaction on our part with the EIB’s transparency. Moreover, the facts to which Mr Martin refers – the riots and the uproar that people tried to create last year in response to a report about the Investment Bank – appeared to be fabricated. In this speech, my primary aim is to emphasise the relationship between the EIB’s activities and the Lisbon strategy. I think that as a variant to the title of the Kok II report ‘Jobs, jobs, jobs,’ the slogan ‘Investments, investments, investments’ should be one of the key phrases for the Lisbon strategy. The EIB plays a crucial role in this. I would, for example, mention the EUR 7.1 billion that was invested in 2004 within the context of the Innovation initiative. These investments are exactly what we need, namely investments in research and development, in education and training, and in ICT developments. In the memo that was presented to the ECOFIN Council on 2 February, I noticed that an innovative approach had been adopted with regard to the financial instruments as well. This memo contains a list of ideas which have partly been implemented but are partly still in development. Those ideas intend to guarantee that a number of options at the EIB’s disposal can be deployed and can be used as effectively as possible for microcredits, for small and medium-sized enterprises, for precisely those innovative investments that are needed. I would particularly like to make a point of mentioning technology, assessment centres, and cooperation between different activities under the research framework programme. I also hope that the ECOFIN ministers will establish a connection between investing and the way in which they deal with spending and investments in the Stability and Growth Pact. I also hope that this discussion will be continued."@en1
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