Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-397-500"
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"en.20110913.34.2-397-500"2
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"The report on officially supported export credits emphasises a significant fact, namely, that targeted and well-considered officially granted export credits can give a considerable boost to the relevant country’s economic development, facilitating the acquisition of new trading opportunities, especially for small and medium-sized enterprises.
In order to secure complete transparency and maximum effectiveness in the granting of export credits, the report proposes that every Member State should report annually to the European Parliament and the Commission on the activities of its export credits agency, the export credits it has granted and the assessment criteria applied, assets, debt obligations, claims paid and recoveries, risk exposure and premium costs.
Acting on the information received, the Commission would then present its analysis of the activity of each Member State’s export credit agency to the European Parliament, thereby giving Members of this House the opportunity to make the necessary changes to improve the effectiveness of export credits.
The amendments proposed by the report will encourage transparency in the granting of export credits and the involvement of electors’ direct representatives – Members of this House – in issues central to economic development."@en1
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