Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-172-000"
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"en.20110217.18.4-172-000"2
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This report is about a proposal for a decision of the European Parliament and of the Council granting an EU guarantee to the European Investment Bank (EIB) against losses under loans and guarantees for projects outside the European Union. In fact, the EIB also finances projects in outside regions, contributing to the realisation of EU external objectives as regards cohesion and development policy. This proposal reflects better cooperation between the EU and EIB; it contributes to the struggle to eradicate poverty; it stimulates small and medium-sized enterprises, as well as local communities; it introduces greater transparency; it promotes sound practices at the EIB; it increases funding for projects combating climate change; and it makes countries that disregard environmental issues ineligible. I am voting for this report and I support the strengthening of the EIB’s external mission, which I would like to see accompanied by enhanced parliamentary oversight, in order to uphold the democratic legitimacy of the EIB’s operations. The EIB should step up its reporting back to Parliament on all aspects under its external mandate, from overall policy to practical implementation, including assessment of social, environmental and human rights criteria."@en1
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