Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-04-27-Speech-2-023-000"

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"Madam President, this report includes two very fundamental proposals. One is for the EIB to demand more capital from shareholders – that’s Member States – with that wedge entailing another big bill coming down the line for the United Kingdom, regardless of the Brexit vote. The second proposal is to increase the budget for external lending. Well, neither is justifiable given the EIB’s performance to date. And let me remind you that the EIB lent almost EUR 80 billion last year in order that the EU can broaden and deepen its control. And, astonishingly, the Committee on Budgetary Control stated that the soundness of funded projects should not be assessed only in terms of economic relevance, confirming both the political nature of the EIB and that the EU does not have a grip on the realities of the market. Lending taxpayers’ money without judging solely upon their economic viability is folly of the first order. And let us not forget the billions in soft loans doled out by the EIB to the car companies who cheated the system and polluted our air – hence why we’ve got the air quality problem. But thank you, Madam President, for allowing me to speak this morning."@en1
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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz

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