Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-07-Speech-4-027-000"
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"en.20110407.3.4-027-000"2
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"Mr President, ladies and gentlemen, the report on the activity of the European Investment Bank (EIB) highlights some important and welcome points. The first of these is the need to focus our efforts more and more on making it easier for small and medium-sized enterprises to have access to credit. I also welcome the reference to the project bond initiative, which I believe is a useful tool for growth and development in a sector as strategic as that of infrastructure.
I am somewhat puzzled by the reference to the EIB’s external activities, for which more financial and human resources are being requested. The EIB report for 2009 indicates the countries benefiting from such loans, and I note with disappointment that Turkey receives the lion’s share with almost a third of the total granted to all non-EU states. This figure is also just over a quarter of the amount granted to Italy, one of the main EIB shareholders. Italy itself is also in need of substantial loans and grants. I therefore consider this to be an absurd imbalance. I believe it is unacceptable that vast resources should be granted to a country like Turkey, which is outside the EU and, in my view, should always remain so."@en1
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