Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-22-Speech-2-218"
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"en.20080422.46.2-218"2
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"Bearing in mind that it is a public institution managing considerable financial sums, the EIB should make detailed information available on projects and actions funded. The EIB currently provides some general information on projects funded, including the country receiving the funds. Nevertheless, such information is insufficient. We therefore regret the rejection of an amendment tabled by our group, asking the EIB to extend its strive for transparency to disclosing the financial beneficiaries of global loans lent through financial intermediaries.
Furthermore, and among other important aspects, we disagree with the EIB having the objective of completing the single market by financing infrastructures aimed at liberalising markets – as is the case with energy – or that the emphasis should be placed on financing ‘public-private partnerships’ following a policy of using public funds to finance major private capital.
On the contrary, the EIB should use its financial resources as an instrument to effectively achieve ‘economic and social cohesion’ by promoting actions to reduce regional disparities, encourage real convergence and stimulate growth and employment, particularly in the EU’s least economically developed regions, as well as towards an effective cooperation policy."@en1
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