Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-182-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20111013.19.4-182-500"2
lpv:hasSubsequent	lp_eu:2011-10-13-Speech-4-183-0002
lpv:speaker	lp:Mário David2
lpv:spokenAs	substitute; INTA (2009-07-16--2012-01-18)3 member; AFET (2009-07-16--2012-01-18)3 member; SEDE (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the NATO Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 chair; Delegation for relations with the Mashreq countries (2009-09-17--2014-06-30)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3
lpv:translated text	"In May, the Board of Governors of the European Bank for Reconstruction and Development (EBRD) decided to increase its capital from EUR 20 billion to EUR 30 billion. This was in response to the financial crisis and to the stepping up of its activities in support of the countries where it operates. The proposal is to generate new callable capital by transforming accumulated distributable reserves into share capital, so it will have no immediate effect on the EU budget. I am voting for this report as I consider it an important measure in helping to reverse the current economic and financial situation in Europe. The injection of additional liquidity into the EBRD will enable the bank’s activities to be stepped up and developed. Although Parliament wanted to go further, I nevertheless welcome the agreement that has been reached by the trialogue on tabling a report by the end of the fourth Capital Resources Review, which assesses the banking system for European public investment and also examines the possibility of restructuring the banks in question, as previously requested by Parliament."@en1

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