BETA

Activities of Nikolaos CHOUNTIS related to 2011/0442(COD)

Shadow reports (1)

REPORT on the proposal for a decision of the European Parliament and of the Council 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 PDF (194 KB) DOC (242 KB)
2016/11/22
Committee: ECON
Dossiers: 2011/0442(COD)
Documents: PDF(194 KB) DOC(242 KB)

Amendments (2)

Amendment 18 #
Proposal for a decision
Recital 1 α (new)
(1a) Despite its name, the EBRD does not function as a real development bank, as its previous actions show. It has made no attempt to measure the impact of its projects in terms of sustainable development. It has not set poverty eradication in the developing countries where it operates as its overarching goal. In addition, EBRD projects have not only not helped address environmental problems, but have actually caused serious environmental damage.
2012/03/23
Committee: ECON
Amendment 20 #
Proposal for a decision
Recital 2 a (new)
(2a) According to Article 1 of its Statutes, the EBRD operates only in countries that are committed to and apply the principles of multiparty democracy and pluralism. These countries must therefore have legally and democratically elected governments, and respect for human and social rights must be ensured. The political context in the countries of the Southern and Eastern Mediterranean remains very uncertain, and the direction of reforms is not clear. In this context, external interference by the EBRD must not strengthen specific economic and political interest groups, including the existing power elites created by authoritarian regimes. In such cases, intervention of this kind may help to strengthen undemocratic governance, thus sending the wrong message;
2012/03/23
Committee: ECON