Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-16-Speech-4-024"

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". Mr President, I will be very brief and will just make three comments. The first is in response to Mr Blak. Not only am I prepared for increased transparency, but I must also say that we are monitored by external auditors and that, of course, the results are made public. We are not content with self–examination. We seek an outside opinion, we have auditors, their opinions are made public and our accounts are published every year. Also, the Bank’s Board of Directors is particularly vigilant about its accounts and maintains a dialogue with the external auditors. I can also tell you that following various debates regarding certain private companies and the debates on the roles of auditors, we have tightened our rules and, I think, adopted the best practices in that area. In particular we have divided the responsibilities properly between the auditors and consultants and improved the discussion between the specialist Committee within the Board of Directors responsible for the accounts and the external auditors. My second comment is addressed to Mrs Schröder. I think that the examples that were given, which concern two projects that pose extraordinary problems but also have positive aspects, about which the Bank has not yet made a decision, demonstrate quite well what the Bank can seek to contribute: more transparency, more impact on the population and, ultimately, a decision that must be made by the board of directors. Once again, the decisions have not been made and I have noted the comments. I would like to say that this is probably one of the measures that the Bank can operate: more nuclear safety, greater impact on the population, greater transparency, fighting corruption within projects. I think that it is absolutely necessary, and it is also the price of public intervention and what it should achieve if it is determined. My third comment will simply be that I have listened to all of the speeches with a great deal of interest. I think that these speeches clearly reflect the depth and strength of the institution’s mandate, but also the challenges inherent in it. Several of you have spoken, fundamentally, about the historical mandate and whether it is up to date. My feeling is that it is entirely relevant today: it is very up to date, as long as it is kept going, and your comments will help us to further achieve this. That leads me on to a point that is very important to us, the dialogue with all of the governments and authorities in the region. We are engaged in high–level political dialogue in each of the states in region. There is one challenge that I think is quite essential: applying the rule of law, not so much in expressing its legal regulations (fortunately) but rather in implementing them; improving the legal system and its operation in all the countries in the region remains an absolutely essential challenge. This leads me to recall a few of the EBRD’s convictions, which it has acquired over ten years of experience, that the market economy cannot work without democracy, that the market economy cannot work without social cohesion, that there cannot be social cohesion without a strong civil society and that there cannot be strong civil society without transparency and fighting corruption. These are the messages that we are of course regularly developing at political level, when we assess the situations of the various states with regard to Article 1 of the institution’s mandate, but also in the dialogue that we maintain. I would therefore like to offer Mr Markov and each of you my own most sincere thanks and those of the institution for your comments. They will encourage us to be even more determined in implementing the mandate that we have and to come and explain to Mr Markov and the Committee on Economic and Monetary Affairs, in two years time, how we have progressed."@en1
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