Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-105-000"

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"en.20110217.18.4-105-000"2
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"Mr President, in the framework of the revision of budgetary guarantees provided to the European Investment Bank (EIB) by the European Union, I support particularly those elements, which have been designed to boost the momentum of this institution. From the standpoint of future prospects, it is primarily about strengthening and making better use of the external mandate of the bank in the period between 2014 and 2020 in terms of increasing the volume of loans and their quality. I also support the intention of allowing the EIB to reinvest venture capital and special loan reflows from earlier operations into new operations of the same type for the benefit of partner countries. In order to improve access to financial resources for poorer groups in the eligible countries, an additional grant of EUR 500 million should be allocated to the EIB immediately to finance micro-credits."@en1
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