Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-456-875"
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"en.20121023.45.2-456-875"2
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"This report approves the amending budget allowing the creation of a ‘risk-sharing instrument’, which will be implemented through the transfer of capital from the Structural and Cohesion Funds to this instrument. This is therefore a decision which supports the concentration of capital in the European Investment Bank to cover expected and unexpected losses resulting from loans and guarantees. This decision once again reflects the political priorities of the EU, which regularly cites ‘solidarity’ as a flagship concept, but without any substance to it."@en1
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