Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-368-132"

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"Contributing to development of the single market, reducing differences in the various regions’ development and supporting projects which help achieve the objectives of European Union policy are important goals of the work of the European Investment Bank. The bank’s approved corporate operational plan for the years ahead gives three main dimensions to its activities: implementing the Europe 2020 strategy, combating climate change and supporting the EU’s external policy. The most active strategies and efforts of the bank should centre around these issues, and it should concentrate, above all, on being the ‘European bank’. The protracted crisis and the related credit restrictions are a major cause of the growing need for money to finance modern development and create jobs. Without the right funding, it will be difficult to achieve the goals of the Europe 2020 strategy, which aims to achieve smart, sustainable and inclusive growth. In relation to this, specific action is needed which will help the bank to invest in knowledge and innovation. We should also look at the issue of small and medium-sized enterprises. Current European Union policy emphasises their important role in creating jobs. Support for the small and medium-sized enterprise sector is of very great significance for revitalisation of the European economy. Finally, we should consider the discussion contained in the report as to whether the European Union should also become a shareholder in the European Investment Bank alongside the Member States, which could result in reinforced cooperation between the Bank and the Commission."@en1

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