Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-180-250"
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"en.20111013.19.4-180-250"2
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"The European Bank for Reconstruction and Development (EBRD) was established in 1990 to support the development of market economies from Central Europe to Central Asia following the widespread collapse of communist regimes. The European Union, together with the European Investment Bank (EIB) and 40 countries (including all EU Member States at that time), were founding members. The EBRD is currently owned by 61 countries, the EU and the EIB. The EBRD supports projects in 29 countries, primarily in the private sector, that cannot be financed by the market. The Bank promotes entrepreneurship and fosters the transition towards open and democratic market economies. I welcomed this proposal to permit the European Union to subscribe for additional callable shares in the EBRD and thereby increase the share capital accordingly."@en1
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