Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-181-000"
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"en.20111013.19.4-181-000"2
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"The increase in capital from EUR 20 to EUR 30 billion, not least to guarantee the AAA rating of the European Bank for Reconstruction and Development (EBRD), is a very important commitment which must be supported. Therefore, EU representatives within the EBRD’s governing bodies must encourage greater alignment with the objectives of the Europe 2020 strategy, thereby ensuring greater effectiveness of the EBRD’s external policy. The institution will have to provide transparent information to the public regarding its financing activities, and evaluations of projects and beneficiaries will be made public, leading to more frequent and tighter controls which will put paid to the secrecy surrounding the list of beneficiaries. In order to pursue the principle of transparency, the Governor of the EBRD will be required to report annually on the promotion of EU external policy objectives and Europe 2020 strategy objectives. This will ensure a more effective system and prevent duplication of investments by the European Investment Bank and the EBRD. I voted in favour for these reasons."@en1
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