Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-367-500"
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"en.20120329.36.4-367-500"2
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"The European Investment Bank (EIB) was created in 1958 by the Treaty of Rome. Its purpose is to contribute to the internal market’s development and to alleviating the asymmetries that persist within the European Union. As such, its priority intervention areas are territorial cohesion; social and economic convergence; implementing the knowledge economy; supporting small and medium-sized enterprises; developing transport networks; environmental protection; and promoting sustainable energy. This document, drafted by Ms Ivanova, concerns the 2010 EIB annual report. I should like to congratulate the EIB directors on the results obtained, enabling retention of the triple A rating, which is a guarantee of credibility and a prerequisite for obtaining loans at low interest rates. I also welcome the creation of the European Progress Microfinance Facility. I am pleased that the EIB and the European Investment Fund support small and medium-sized enterprises, and I hope that these banks will keep up and, if possible, increase their level of funding, given their importance to the EU’s economic recovery, specifically as regards economic growth, innovation and job creation."@en1
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