Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-03-07-Speech-1-083"

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"en.20050307.11.1-083"2
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"Mr President, ladies and gentlemen, the European Investment Bank must and should cooperate closely with the European Central Bank and the European Commission, but at the same time its priorities need to be clear. If genuine integration is to take place in the EU, and not only political integration, but also practical and logistical integration, then funding must be provided for the Trans-European Networks. If the European economy is to develop, then the European Investment Bank must step up its support for the SME sector, for the social economy sector and for what are known as local services, as this is particularly important from a demographic point of view. It is absolutely crucial for there to be a level playing field when it comes to granting loans. Certain Member States receive a relatively small volume of loans and their SME sector should receive more. To this end, the European Investment Bank must improve its administrative procedures and increase access for local funding partners and SMEs. It is essential that all EU-related institutions, in particular financial institutions, be transparent. Unfortunately, however, it has come to our notice that there are conflicts of interest between those at the helm of the EIB. I refer you to paragraph 21 of the motion for a resolution, for example. This is extremely bad news. Conflicts of this kind must not be allowed to continue, as they convey a negative image of the EIB. I thank you."@en1

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