Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-314-000"
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"en.20120613.24.3-314-000"2
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"The European Bank for Reconstruction and Development (EBRD) was established in 1990 to support the development of market economies from Central Europe to Central Asia following the widespread collapse of communist regimes. The European Union, together with the European Investment Bank (EIB) and all EU Member States at that time, were founding members. In response to the 2011 events in the Southern and Eastern Mediterranean region, in March 2011, the Commission and the High Representative presented a joint communication signalling the EU’s strong political and economic support for the region that included an option for extending the EBRD’s mandate to cover the countries of the Southern Neighbourhood. In its resolution of April 2011 on the review of the European Neighbourhood Policy – Southern Dimension, the European Parliament invited the EBRD to change its statute in order to participate in the financial assistance process. As the Board of Governors of the EBRD voted in favour of the necessary amendments to the agreement establishing the EBRD, this will enable it to expand the EBRD’s region of operations to the Southern and Eastern Mediterranean. In carrying out its activities in the Southern and Eastern Mediterranean region, the EBRD should be encouraged to continue its close engagement with the EU and to develop a close cooperation with the EIB and other European and international public financing institutions."@en1
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