Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-322-875"

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"en.20120613.24.3-322-875"2
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"I voted for the decision on amendments to the agreement establishing the European Bank for Reconstruction and Development (EBRD) extending the geographic scope of EBRD operations to the Southern and Eastern Mediterranean. Since its establishment in 1991, the EBRD has assisted Central and Eastern European countries in their transition to an open market economy and in promoting private initiative and the entrepreneurial spirit. In response to the economic and political situation in the countries of the Southern and Eastern Mediterranean, the EBRD has devised a gradual approach to initiating its activities, which will take into account the region’s specific features. This is why the geographic scope of the EBRD should also include the countries of the Southern and Eastern Mediterranean in order to promote similar objectives. EU representatives in the management bodies of the EBRD should encourage the EBRD to extend its activity for developing the private sector in order to contribute as well, through the financing it grants, to achieving a socially and environmentally sustainable society. The EBRD must be encouraged to contribute to the transition to an open market economy which is energy-efficient and socially inclusive, while also taking into account the social, civil and human rights situation."@en1

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