Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-24-Speech-2-358"

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"en.20090324.30.2-358"2
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"First of all, I would like to congratulate the two rapporteurs on the report, and I am also pleased that this question, the problems concerning the two financial institutions, came before us at the same time; indeed, I think that in the future we will have to examine these two institutions at greater length. The first question, sticking to keywords only, is that of duplication. Certainly we need to work out some sort of long-term division of labour between the two institutions and to make closer cooperation possible. I saw that the rapporteur assigned major projects to the European Investment Bank, leaving activities relating to smaller enterprises to the European Bank for Reconstruction and Development. In any case, I believe that some sort of advantageous specialisation is necessary. I am pleased that the European Parliament can at last enter Mecca and debate the kinds of future orientations that should be adopted in this regard. I am cautious with regard to this question of turning outward and inward. Twelve years ago in Hungary we believed that we could forget about the IMF once and for all, and now here they are at our gates, and we are running to them for credit. A few years ago we thought that the EBRD would not play a major role in those Member States, for instance, which are outside the euro area, and that the EBRD would instead move eastwards; now we are pleased that along with the World Bank, these two institutions have made a large Central European fund possible. I would like to draw your attention to the fact that the liquidity and financing of small and medium-sized enterprises is, to my mind – as Chairman of the relevant working group in my political group – absolutely essential; therefore, I would ask that the options that have recently been decided should enter into force as soon as possible, so that together with the commercial banks we may effectively provide the possibility of liquidity primarily to Central European small and medium-sized enterprises."@en1
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