Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-16-Speech-4-023"
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"en.20030116.1.4-023"2
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"Mr President, Commissioner, Mr Lemierre, since its creation, the EBRD has been a shining and undeniable example of the solidarity shown by democratic and developed societies. Indeed, this Bank came into being as a result of the fall of the Berlin Wall and its primary aim is to assist the economies of Eastern European countries, which have since opened up to international competition, to overcome the natural difficulties arising from their embryonic development.
Although it is not officially a Community institution, the Bank embodies the entire philosophy of action that characterises the EU’s cohesion and development policies. The forthcoming enlargement of the Union to encompass a significant number of countries from the East will deepen and highlight the importance of the financial and technical aid that the Bank has provided and granted to the candidate countries in the pre-accession phase. The EBRD’s actions must not, however, be cannibalised or cancelled out by the tasks determined and defined for the European Investment Bank. What is needed instead is for these two financial institutions to coordinate and collaborate whilst respecting their autonomy and their different origins, despite the very close financial relationship they enjoy. This should not, incidentally, be too difficult, given that many of their aims are common, as are the characteristics of the economic actors to which this aid must be directed.
The recommendations contained in this report, which are aimed at increasing financial and technical aid for small and medium-sized businesses and at prioritising the implementation of financial resources within partnerships, especially in the form of venture capital, and the call for an ongoing commitment to train staff in the bank which can help them better to perform their duties, are extremely positive aspects. The European Parliament should, therefore, support the main conclusions offered by Mr Markov, who is responsible for this own–initiative report. It is also significant that this debate is taking place in the presence of the President of the EBRD, to whom, ultimately, these recommendations are also addressed and on whose abilities the Bank’s success and policies largely depend."@en1
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