Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-177-000"
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"en.20111013.19.4-177-000"2
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"The European Investment Bank (EIB), in addition to its basic role of financing investment in the EU, is also involved in providing loans outside the EU, which amounted to EUR 9 billion at the end of 2010, or about 12% of total loans. The European Parliament (EP) addressed the topic of the EIB on 17 February 2011 within the framework of the approved Resolution, which I also supported, including the five motions for amendment. The most important amendments relate to increasing the ceilings by EUR 1.857 billion and EIB reinvestments, EU goals and their cross-compliance in accordance with Article 208 of the Treaty on the Functioning of the European Union, the Paris Declaration of 2005 and the Accra Agenda for Action of 2008, as well as transparency and reporting – emphasising, for example, impact analyses in respect of development, environmental and social sustainability, and the performance indicators drawn up by the EIB in the area of development, the environment and human rights, etc. – and the more long term prospects concerning, for example, the provision of micro-credit based on the new financial framework. The proposed broader mandate of the EIB should enable better coordination in achieving EU objectives, greater responsibility and transparency and the better use of EU budgetary guarantees. Overall, it can be said that the report submitted by Ivailo Kalfin builds on previous EP decisions, and reflects the proposed changes, and I therefore recommend it for approval in the version submitted."@en1
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