Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-16-Speech-4-071"

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"I should like to congratulate my colleague, Mr Markov on his excellent report which, moreover, has been adopted unanimously by the parliamentary committee. The EBRD is not connected with the European Union. Nor is it a development bank coming under the World Bank group. Its capital derives from more than 60 countries interested in the future of Central and Eastern Europe following the fall of the Berlin Wall. During the twelve years of transition, the EBRD has had to take up many challenges. Its president, Jacques de Larosière, appeared before the Confederal Group of the European United Left/Nordic Green Left to report to us on its activities. Like the rapporteur, I think we have to support the bank. Indeed, even if its objective is to develop the market economy in these former Communist countries, the social, environmental and public service dimensions have not been sacrificed. The EBRD is not, as some might believe, the ambassador of ultra–liberalism. Its mandate is to invest where other banks fear to tread. I am very pleased that the EBRD concentrates its activities on the development of small and medium–sized enterprises whose key role in job creation is well known."@en1

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