Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-030"

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"Mr President, ladies and gentlemen, before I welcome President Maystadt to the European Parliament and before I congratulate him both on the successes of the European Investment Bank and on its ambitious business plan, I should like to express my horror about the murderous arson attack on three of my fellow citizens in Athens yesterday, at their place of work, and to express my deepest condolences to their families. Without doubt, the current economic crisis has highlighted the important work of the European Investment Bank. Additional financial support by the EIB has allowed fast disbursements and helped to support the real economy, especially by protecting useful projects and helping viable undertakings in these exceptionally difficult times. The EIB has also played an important pivotal role in the core programme on competitiveness in Europe under which, via the JASPERS and JEREMIE initiatives, the EIB has promoted instruments to give even more essential support to innovation. The role of the EIB is becoming more and more important, not only within the framework of the cohesion objectives, but also in the implementation of the Europe 2020 Strategy. The smart financial mechanism instruments which it is constantly developing and the more recent European Local Energy Assistance or ELENA initiative are expected to make a decisive contribution towards employment through important investments in sectors such as sustainability and security of energy supply, which have a direct impact on local economic development and on improving the quality of life of our citizens."@en1
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