Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-313-187"

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"en.20120613.24.3-313-187"2
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"I voted in favour of this report because in contributing to economic progress and reconstruction, the purpose of the European Bank for Reconstruction and Development (EBRD) will be to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative in the Central and Eastern European countries which are committed to and applying the principles of multi-party democracy, pluralism and market economics. The EBRD has accumulated unique experience in supporting public and financial sector reform, promoting small and medium-sized enterprises, and the privatisation of state companies in its current countries of operations. The events of 2011 in our partner Mediterranean countries call for a robust policy response from the European Union, signalling the strong political and economic support of the EU to the region that includes an option for extending the EBRD’s mandate to cover the countries of the Southern Neighbourhood, building on its experience over the last 20 years and fostering transition towards open market-oriented economies. The scope of the EBRD’s operations should be extended to the Southern and Eastern Mediterranean and the use of Special Funds should be allowed in potential recipient countries so that the EBRD can function more effectively. One of the main objectives targeted by this proposal is ‘to promote prosperity beyond the EU’."@en1

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