Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-259"

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"en.20090325.24.3-259"2
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"I voted in favour of the report. This is the first time that Parliament has drawn up a single report on the work of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD). The two banks are increasingly financing operations in the same geographical regions outside the European Union, for example Eastern Europe, Southern Caucasus, Russia, the Western Balkans and Turkey. Cooperation between the two banks has grown up on a regional basis and therefore the way in which it takes place differs according to the area in question. In countries of common operation, there are three different types of cooperation between the EIB and the EBRD: the Memorandum of Understanding in Eastern Europe, the method applied in the Western Balkans, and flexible methods of cooperation. This is not a satisfactory development. Instead, it would be more useful if a comprehensive review was organised, to consider how the cooperation between the two banks and other relevant parties could be improved, taking into account the interests of the EU and the beneficiary countries. Furthermore, the division of activities and cooperation between the two institutions cannot simply be managed on a regional basis or by drawing a line between lending operations to the public and private sectors."@en1

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