Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-159-000"

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"− I am voting for this regulation because of the elements introduced in the new decision. The European Investment Bank (EIB) can invest in projects essential to the EU: in particular, in combating climate change, in developing social, economic and environmental infrastructures, and in local business sector development. Another element of this regulation that I consider to be pertinent is the fact that the EIB can support EU presence in third countries through foreign direct investment, contributing to the promotion of new technology and to knowledge transfer. However, I consider it opportune to review the annual evaluations regarding access to loans, so as to promote transparency and speed up bureaucratic procedures. In short, the EIB can contribute effectively to EU development cooperation objectives. Fair and balanced distribution across the regions for the allocation of financing is crucial. Small and medium-sized enterprises should be a good way to stimulate economies to fight against unemployment."@en1

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