Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-835"
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"en.20100505.69.3-835"2
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"As recommended in the very good report by my excellent fellow Member and Spanish neighbour, Mrs Ayala Sender, I voted in favour of granting the European Commission discharge in respect of the implementation of the Seventh, Eighth, Ninth and Tenth European Development Funds (EDF) for the financial year 2008. I unreservedly support EDF budgetisation and, when the time comes, the Union will have to create its own instrument for taking action in the area of development. Concerning the investment facility managed by the European Investment Bank (EIB), which is a risk-bearing instrument funded by the EDF to encourage private investment in the difficult economic and political context of the ACP countries, I have very mixed feelings about the idea that the EIB should present a report as part of the discharge procedure, but this will be a point for discussion, especially if, as Parliament hopes, the Union becomes a shareholder in the EIB."@en1
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