Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-058-000"

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"en.20120329.4.4-058-000"2
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"Mr President, ladies and gentlemen, a very warm welcome to you, President Hoyer. We are pleased that you are able to address us on such an important issue as the annual report now, as you are assuming office. We hope that you will be a frequent visitor. The new multiannual programmes give the European Investment Bank (EIB) a very important role. We hope that the EIB will work hard to redress the deficit in the areas you have just promised, namely, by increasing transparency. Again and again, we find that we know far too little about the costs charged to the EU by the EIB for managing the financial instruments. In other words, we would expressly ask that our questions and the points raised by Ms Ivanova in her report be answered. In the Committee on Budgetary Control, we have found that there is an increasing interest in the EIB among our colleagues. It is evident that many colleagues want to see a strong EIB. We also want the EIB to supply us with more information, however, providing hard facts and figures that go beyond the colourful photos and attractive brochures, so that we have a genuine insight into how funds are being managed at local level. We should never forget that yours is a relatively small institution. The EU is a relatively large organisation and it has more people on the ground than you do. In other words, the question for us is how you can do things better than the EU itself. Here, too, there is some catching up for you to do. I would like to point out that the capital base of the EIB cannot be allowed to increase by simply allowing you to take over parked Structural Fund resources, as I recently heard proposed by a party colleague of yours from Germany. We believe that the EIB is an important instrument as an adjunct to the EU and its key activities. That is why we want an efficient EIB, but not as an alternative for activity by the EU itself."@en1
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