Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-11-21-Speech-4-017"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2002-11-21"^^xsd:date2
dcterms:Is Part Of	lp_eu:EIB Annual Report (2001)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20021121.1.4-017"2
lpv:hasSubsequent	lp_eu:2002-11-21-Speech-4-0182
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	member; Committee on Industry, External Trade, Research and Energy (2002-01-17--2004-07-19)3 substitute; Delegation to the EU-Estonia Joint Parliamentary Committee (2002-02-07--2004-04-30)3 unknown; Vasemmistoliitto (1999-07-20--2004-07-19)3 member; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2002-02-07--2004-07-19)3 member_of_the_bureau; EUL/NGL (1999-10-13--2004-07-19)3 substitute; BUDG (2002-01-17--2004-07-19)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2002-02-07--2004-07-19)3
lpv:translated text	"Madam President, as permanent rapporteur on loans and guarantees for the Committee on Budgets, I have only positive things to say on the whole about the EIB. I have, it is true, been astonished at the levels of bureaucracy that exist between the Bank, the Commission and the Council, evident from the financing of environmental protection investment in Russia’s Baltic basin. What happened showed that the Bank is not just a financial institution but also a political playing field. The environment suffered as a result of the political games played by representatives of the Member States. The European Union guarantees a large portion of what the EIB lends and its loans in this respect do not carry any risk. A 3A credit rating keeps the cost of borrowing low in other forms of fund-raising on the part of the Bank. As the EIB has a good credit rating and the bad debt risk is low, it should adhere to stringent social and environmental criteria when granting loans. We have to promote aims that work for the common good. With that purpose in mind, the Bank must listen very attentively to the totally justified opinions of the NGO, Bankwatch Network. Our group backs the calls for improved monitoring of the Bank."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph