Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-015"

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"Mr President, Commissioner, Mr Maystadt, I should like to thank the rapporteur very much for an interesting and excellent report. On behalf of the Group of the Alliance of Liberals and Democrats for Europe, I should like to start by praising the bank for its excellent work. The European Investment Bank (EIB) was rapid and resolute in taking action when the financial crisis hit with full force. The bank demonstrated its ability to handle the huge challenges that it faced when the global economic crisis reached the economies in the European Union. It increased the money supply and ensured that the lending volume increased significantly. This lessened the deepening of the financial crisis and was important for enabling any sort of recovery to occur. The important role of the EIB in supporting the small and medium-sized enterprises, which has been mentioned here, ought to be highlighted and cannot be emphasised enough. These investments were able to alleviate the crisis significantly. Small enterprises are, of course, the engine of our economy. They make up 99% of all our companies in Europe and employ 100 million people. The fact that the EIB has a strategy for ensuring sustainable long-term growth in the European Union is, of course, extremely important, and this has been said many times; with green development, including investment in the Trans-European Network projects. A well-functioning Trans-European Transport Network is one of the most important components of the European growth initiative; the volcano in Iceland has perhaps taught us a lesson. Evening out the differences in Europe is another important part of the EIB’s work. It is beneficial to the EU to have stable and economically strong neighbours. In this context, we can view the EIB’s work as particularly important from a strategic point of view. Openness, transparency and the combating of fraud are particularly important subject areas. In the Liberal ALDE Group, we are pleased that the EIB has actually followed the recommendations that Parliament has put forward for so many years. We think that this is very good. Here the EIB can function as a beacon for openness for other EU institutions. So, finally I come to a blot on the EIB’s Protocol. It is very disappointing that equality within the EIB is still so poor. Women are still seriously under-represented, Mr Maystadt, in particular among the EIB’s higher officials and directors, and make up only around 20% of the workforce. The EIB must improve in this area. This is something we can read about in its Diversity Strategy from December 2008. In summary, therefore, there are three good points and one less good, or we could even say bad, point."@en1
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