Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-11-15-Speech-3-255"

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"en.20061115.18.3-255"2
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"Mr President, ladies and gentlemen, I want to congratulate Alexander Stubb on an excellent report and thank him for his excellent levels of cooperation. I just wish to raise one point, and that is the amendment which Diana Wallis and I tabled on the establishment of a local office in the Baltic Sea area. At present, the European Investment Bank operates in 11 EU Member States and 6 countries outside the EU in the Mediterranean region and in Africa. Just one branch, the one in Poland, is located in the Baltic Sea region and in a new Member State. By contrast, there are eight branches in total in southern Europe and the Mediterranean region. A branch office of the EIB was set up last spring in Vienna. It is to be responsible for projects in eastern Central Europe and the Balkan region. But it is not the function of any branch to be responsible for projects in the new Member States, the Nordic countries or the Baltic countries. I think that it is important to establish an office of this kind, responsible for overseeing funding operations in that region and making the Baltic Sea Strategy a reality. The presence of such a branch office could also aid large funding projects under the EU’s Structural and Cohesion Funds during subsequent terms, and in this way facilitate cooperation in the Baltic Sea region and promote major projects there."@en1

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