Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-315-000"

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"en.20120613.24.3-315-000"2
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"Extending the geographical scope of European Bank for Reconstruction and Development operations is usually done for important economic and social reasons. We have just such a case here – support for democratic change in the Southern and Eastern Mediterranean. Extending the geographical scope of EBRD operations to this region will help create new opportunities for investment and development by offering assistance in selecting development strategy as well as by the provision of cofinancing. In spite of the crisis, the Union is in an incomparably better situation than the countries of this region. The help which is given, if it lives up to expectations, will also create new and better economic opportunities for the Union and will increase Europe’s popularity in the countries concerned."@en1

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