Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-322-250"
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"en.20120613.24.3-322-250"2
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"The extension of the mandate of the European Bank for Reconstruction and Development (EBRD) to the Mediterranean is, in my view, our response to the geostrategic revolution that has taken place in that region since 2011 and the Arab Spring. The EBRD was set up in 1991 after the fall of the Berlin Wall and the Soviet bloc, and its mandate has always been to support countries in their transition to market economies and democracies with a view to ensuring stability and security at the Union’s borders. Here, we need to take into account the upheaval in the Mediterranean countries in 2011 and help them to ensure lasting and safe transitions, like those experienced by the countries of Central and Eastern Europe. I therefore believe that it is absolutely essential, in adopting this report, to follow the example of the G8 and that of the EBRD’s 61 shareholders, who are all in favour of this extension to a new South. This new mandate will have economic, security and diplomatic benefits for both sides of the Mediterranean and will consolidate the EU’s role as a leading partner in the Mediterranean basin."@en1
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