Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-106-000"
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"en.20110217.18.4-106-000"2
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"Mr President, I voted against the report, since I find it unacceptable that we should be supporting investment in third countries instead of facilitating investment for European small and medium-sized enterprises, which really form the most important economic fabric of the Union. I am firmly against the inclusion of Turkey among the pre-accession countries: I would point out that Turkey still illegally occupies part of the territory of Cyprus, an EU Member State.
Moreover, there is no guarantee of transparency when the European Investment Bank (EIB) grants Union guarantees and finance to third countries. I would point out that European citizens contribute to EIB funds, which is why priority should be given to investment within Europe itself. Many of the investments supported by the EIB are in countries where clashes and uprisings against the various regimes are taking place.
The report seeks to extend Union guarantees also to other countries, such as Cuba, that are known for their lack of democracy."@en1
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