Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-321-375"

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"en.20120613.24.3-321-375"2
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"The European Bank for Reconstruction and Development (EBRD) was originally set up as a response to the great political and economic changes in Central and Eastern Europe and the former Soviet Union. Since 1991, two years after the fall of the Berlin Wall, the EBRD has assumed the task of supporting the transition to democratic pluralism and a market economy in Central and Eastern Europe and the successor states to the former Soviet Union. The EBRD finances investment projects in the private and public sectors. There are certainly serious points for criticism in some of the major countries where the bank does its work – for example, in Russia and Ukraine, but also in Hungary – and we must push for emphasis to be put on the mandate to promote democracy that is laid down in the statutes of the EBRD. It has not been possible to exclude existing incentives for fraud and corruption in its existing operations, which is why I did not vote in favour of expanding the geographic scope of EBRD operations."@en1

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