Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-313-625"
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"en.20120613.24.3-313-625"2
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"The European Bank for Reconstruction and Development (EBRD), created in 1991, was the first EU financial institution to be created to support economic development in Europe following the break-up of the Soviet Union. Essentially, the EBRD supports the development of the local sector: small and medium-sized enterprises, individuals, towns, regional cooperation, innovation, job creation, energy, environmental projects, etc. This report by Slavi Binev concerns the proposal for a decision of the European Parliament and of the Council on amendments to the agreement establishing the EBRD extending the geographic scope of EBRD operations to the Southern and Eastern Mediterranean. Initially intended to support countries in Central and Eastern Europe, following the so-called ‘Arab Spring’, the intention now is to expand its geographic area of influence to the countries of the Southern and Eastern Mediterranean, including Jordan, so as to support these countries’ transition to open market economies and promote private enterprise. I support and welcome this expansion, as I already mentioned when the proposal to increase the EBRD’s share capital from EUR 20 billion to EUR 30 billion was adopted."@en1
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