Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-188-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20111013.19.4-188-000"2
lpv:hasSubsequent	lp_eu:2011-10-13-Speech-4-188-5002
lpv:speaker	lp:Petru Constantin Luhan2
lpv:spokenAs	member; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; LIBE (2009-07-16--2012-01-18)3 member; EPP (2009-07-14--2014-06-30)3 substitute; SEDE (2009-07-16--2012-01-18)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; REGI (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2011-12-19)3
lpv:translated text	"The European Bank for Reconstruction and Development (EBRD) should respond effectively to the crisis and refocus its strategy in view of the scale of the impact which the crisis has had in the area in which the Bank operates. I consider that the capital increase proposed by the EBRD is absolutely necessary in order to mitigate the impact of the crisis. This will enable the EBRD to maintain a high level of activity and to contribute, together with other European or national organisations and institutions, to economic recovery in its area of activity. Estimates show that, by increasing its capital, the EBRD will generate an annual business volume of approximately EUR 9 billion in 2011 and 2012 and approximately EUR 8.5 billion per year up to 2015. I thus believe that, given the role the EU plays in governing the EBRD, it should subscribe to new shares in order to achieve the Community’s objectives."@en1

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