Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-396-750"

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"en.20110913.34.2-396-750"2
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"As the rapporteur says, export credit agencies (ECAs) represent ‘the world’s largest source of official financing for private sector projects’, and operate mainly at national level. However, little data are available about the recipients of the aid and there are undeniable shortcomings in transparency. Moreover, the aid is channelled into activities that conflict with the Union’s objectives. As such, Union policy should fulfil the aims of the Treaties and seek to make the activities of the ECAs compatible with EU goals. This is a path that will continue to be followed, given these entities’ great economic power."@en1

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