Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-02-27-Speech-3-037"
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"en.20020227.4.3-037"2
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"Mr President, let me say a few words about the Mediterranean Bank. I welcome the way the Barcelona process is being made deeper and given a more definite form. I would again like a definite answer about something I cannot comprehend, namely why you decided against this facility, which, in this year alone, could demonstrate with what commitment we are working on a pro-active Mediterranean policy, whereas – as we learned from our experience with the foundation of the ‘Bank for Eastern Europe’ – a bank or its subsidiary needs a longer period of time even to become operational, and is much more expensive in terms of personnel and budget allocations. Quite apart from that, have you even found a political solution to the problem? If we need partners in the Arab states – where there are already so many funds that certainly not all the Arab states will get involved – what will you do if Israel also wants to participate in this bank? Would this not handicap its foundation from the start, and would it not therefore be better to start work on a facility capable of demonstrating to everyone the European Union's commitment to a Mediterranean policy?
Let me ask in conclusion: When will the Commission, as guardian of the treaties and thereby obliged to watch over the Member States' commitment to Europe as a community based on law, send a warning letter to Member States which jeopardise the rule of law?"@en1
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