Afdb Group Annual Report 2008

Total Page:16

File Type:pdf, Size:1020Kb

Afdb Group Annual Report 2008 A NNU A n n u A l A l R RepoRt EPO R t 2008 2008 ELOP E LO P NE DE DÉ EV ME NE D E DÉ EV M E AI VE D NT A I VE D NT IC L N IC L N R O A F R O A F F P IC U F P I C U P N P N A A E R D E R D E M F E M F A A U E U E Q N Q N N T N T A A B B T T F F N N O O E E N N D M D M E E S P S P A P A P ADB ADF FR O F R O IC EL IC E L A I N DE DÉV A I N D E DÉ V AFRICAN DEVELOPMENT BANK – AFRICAN DEVELOPMENT FUND ELOP E LO P NE DE DÉ EV ME NE D E DÉ EV M E AI VE D NT A I VE D NT IC L N IC L N R O A F R O A F F P IC U F P I C U P N P N A A E R D E R D E M F E M F A A temporary Relocation Agency (tRA) U E U E Q N Q N N T N T A A B B T T F F N N O O E E N N D M D M 15, Avenue du Ghana, Angle des rues pierre de coubertin et Hedi nouira E E S P S P A P A P FR O F R O IC EL I C E L bp 323, 1002 tunis belvédère, tuniSiA A I N DE DÉV A I N D E DÉ V tel: (216) 71 333 511 – fax: (216) 71 351 933 email: [email protected] – Website: www.afdb.org AfRicAn development bAnk AfRicAn development fund REGIONAL AND NON-REGIONAL MEMBER COUNTRIES AFRICAN Development BANK GROUP FIELD OFFICES – ADDRESSES ALGERIA ARGENTINA ALGERIA ETHIOPIA MALAWI SENEGAL Groupe de la Banque africaine de développement African Development Bank Group African Development Bank Group SENEGAL ANGOLA AUSTRIA Bureau National de l’Algérie (DZFO) Ethiopia Country Office (ETFO) Malawi Country Office (MWFO) Groupe de la Banque africaine de développement BENIN Belgium Commune Hydra Paradou 7th and 8th Floor, Get-House Building, 2nd Floor, Kang’ombe House Bureau Régional du Sénégal (SNFO) 3, rue Hamdani Lahcène, Daira Birmouradrais Kirkos Sub-City, Kebele 20/21, House N° 056 Box 30732, Immeuble Coumba BOTSWANA Brazil Alger, ALGERIA P.O Box 25543 Code 1000 City Centre, Lilongwe Route de Ngor BURKINA FASO Canada Addis Ababa, ETHIOPIA MALAWI Zone 12, Quartier des Almadies, BURUNDI CHINA ANGOLA Tel: +251 116 627 726 Tel: +265 0 1 77 44 60-62/64 BP 50544 - CP 18524 RP Dakar, SENEGAL No address yet Fax: +251 116 627 742 Fax: +265 0 1 77 44 69 Tel: +221 33 820 08 88 / 33 869 75 44 CAMEROON Denmark Ext: 6700-6729 Ext: 6300-6329 Fax: +221 33 820 09 99 CAPE VERDE FINLAND BURKINA FASO Contact: Mr. Peter MWANAKATWE, Resident Contact: Mr. Frank KUFAKWANDI, Ext: 6530-6599 Groupe de la Banque africaine de développement Representative (Acting) Resident Representative Contact: M. Mohamed H’MIDOUCHE, CENTRAL AFRICAN REPUBLIC France Bureau Nationale du Burkina Faso (BFFO) Email: [email protected] E-mail: [email protected] Représentant Résident CHAD Germany Immeuble Administratif et Technique de l’ARTEL Email: [email protected] (Autorité Nationale de Régulation des GABON MALI COMOROS INDIA Télecommunications) Groupe de la Banque africaine de développement Groupe de la Banque africaine de développement SIERRA LEONE CONGO Italy 5ème Etage Bureau Régional du Gabon (GAFO) Bureau National de Bamako (MLFO) African Development Bank Group CONGO, DEMOCRATIC REPUPLIC OF Japan Ouagadougou, BURKINA FASO Immeuble Saint Georges 3e & 4e étages, Immeuble Investim Sierra Leone Country Office (SLFO) Tel: +226 503 75750/51/53 Quartier Kalikak Bâtiment B, Quartier du Fleuve 5th & 6th floor, Bishop Building COTE D’IVOIRE Kuwait Fax: +226 503 75749 B.P. 4075 BP 2950 Bamako 13 Lamina Sankoh Street, PMP335 DJIBOUTI NETHERLANDS Ext: 6100-6129 Libreville, GABON MALI Freetown, SIERRA LEONE Contact: Mme Antoinette DINGA-DZONDO, Tel: +241 76 85 76 /76 85 79 Tel: +223 222 28 85/ 222 28 72 Tel: +232 (0) 76541328 EGYPT Norway Représentante Résidente Fax: +241 76 85 77 Fax: +223 222 29 13 Ext: 6260-6290 EQUATORIAL GUINEA Portugal E-mail: [email protected] Ext: 6600-6649 Ext: 6030-6059 Contact: Mr . Samuel Ofori ONWONA, Resident Contact: M. Bassary TOURE, Représentant Contact: Mr. Moulay Lahcen ENNAHLI, Representative ERITREA Saudi Arabia CAMEROON Résident Représentant Résident Email: [email protected] ETHIOPIA SOUTH KOREA Groupe de la Banque africaine de développement E-mail: [email protected] E-mail: [email protected] Bureau National du Cameroun (CMFO) SUDAN GABON Spain Immeuble No 1067 bis GHANA MOROCCO African Development Bank Group GAMBIA SWEDEN Rue 1750 Nouvelle Route African Development Bank Group Groupe de la Banque africaine de développement Sudan Country Office (SDFO) GHANA SWITZERLAND Bastos, Yaoundé Ghana Country Office (GHFO) Bureau National du Maroc (MAFO) Higleig Petroleum Tower CAMEROON Heritage Tower, 7th Floor, Immeuble “Espaces les Lauriers”, 1er Etage 7th Floor GUINEA UNITED KINGDOM Tel: +237 22 20 27 61 Accra, GHANA Angle des avenues Annakhil et Mehdi Ben Barka, Plot 499 GUINEA BISSAU UNITED States OF AMERICA Fax: +237 22 20 27 64 Tel: +233 21 66 28 40 Hay Riad Square 65 Ext: 6800-6859 +233 21 66 28 18 BP 592 Rabat Chellah, Rabat, MOROCCO East-Second KENYA Contact: M. Athanase GAHUNGU, Fax: +233 21 66 28 55 Tel: +212 37565937/37713826-7 Khartoum, SUDAN LESOTHO Représentant Résident Ext: 6130-6159 Fax: +212 37565935 Tel: +249 922 735 071 E-mail: [email protected] Contact: Mr. Alieu JENG, Resident Representative Ext: 6160-6190 Ext: 6860-6890 LIBERIA E-mail: [email protected] Contact: M. MATONDO-FUNDANI, Contact: Mr. Famara JATTA, Resident LIBYA CHAD Représentant Résident Representative MADAGASCAR Groupe de la Banque africaine de développement GUINEA-BISSAU E-mail: [email protected] E-mail : [email protected] Bureau National du Tchad (TDFO) African Development Bank Group MALAWI Immeuble BCC Guinea-Bissau National Program Office (NPO) MOZAMBIQUE TANZANIA MALI 2ème Etage Bissau African Development Bank Group African Development Bank Group Avenue Charles de Gaulle GUINEA-BISSAU Mozambique Regional Office (MZFO) Tanzania Country Office (TZFO) MAURITANIA BP 193 Tel: +245 20 13 48/20 10 98 3rd floor, JAT 4 Building 5th Floor, International House, MAURITIUS N’Djamena, CHAD Fax: +245 20 17 53 Zedequias Maganhela, 267 Garden Avenue, Tel: +235 52 46 79/52 45 57 Cell: +245 721 08 98 / 668 43 43 Maputo, MOZAMBIQUE P.O. Box 6024 MOROCCO Fax: +235 52 49 96 Contact: Mr. Ansumane Mane, Tel: +258 213 26409 Dar Es Salaam, TANZANIA MOZAMBIQUE Ext: 6200-6229 National Program Coordinator Fax: +258 213 15600 Tel: +255 22 2125281/2 (office) Contact: Mr. Pascal D. BITOUMBOU, E-mail: [email protected] Ext: 6430-6499 +255 22 2125286 (Direct) NAMIBIA Représentant Résident Contact: Ms. Alice HAMER, Resident Fax: +225 22 2125283 NIGER E-mail: [email protected] KENYA Representative Ext: 6500-6529 NIGERIA African Development Bank Group E-mail: [email protected] Contact: Ms. Sipho MOYO, Resident DEMOCRATIC REPUBLIC Kenya Country Office (KEFO) Representative RWANDA OF CONGO 11th Floor, Landmark Plaza NIGERIA E-mail : [email protected] SAO TOME & PRINCIPE Groupe de la Banque africaine de développement Argwings Kodhek Road, Upper Hill African Development Bank Group Bureau régional du R. D. Congo (CDFO) Nairobi, KENYA Nigeria Country Office (NGFO) UGANDA SENEGAL Immeuble de la BCDC Tel: +254 20 47 66 300 Plot 813 African Development Bank Group SEYCHELLES (Banque de Commerce du Congo) Fax: +254 20 47 66 444 Lake Chad Crescent Uganda Country Office (UGFO) Boulevard du 30 Juin - Kinshasa NRC Kinshasa Ext: 6230-6259 Maitama District 14th Floor, Crested Towers Building SIERRA LEONE 340 Contact: Ms. Domina BUZINGO, Abuja, NIGERIA Hannington Road SOMALIA Kinshasa I Resident Representative Tel: +234 9 4133261 / 262, P.O. Box 28509 SOUTH AFRICA DEMOCRATIC REPUBLIC OF CONGO E-mail: [email protected] +234 9 6721738 / 738 Kampala, UGANDA Tel: +243 815 560 291 Fax: +234 9 413 3260 Tel: +256-414 236 166/7 SUDAN Fax: +243 815 560 294 MADAGASCAR +1 321 956 3851 Fax: +256-414 234 011 SWAZILAND Ext: 6330-6399 Groupe de la Banque africaine de développement Ext: 6650-6699 Ext: 6760-6790 Contact: Mr. Medjomo COULIBALY, Bureau National de Madagascar (MGFO) Contact: Mr. Herve ASSAH, Resident Contact: Mr. Benedict S. KANU, Resident TANZANIA Représentant Résident 9ème Etage, Immeuble FITARATRA Representative Representative(Acting) TOGO E-mail: [email protected] Ankorondrano E-mail: [email protected] Email: [email protected] Rue Ravoninahitriniarivo TUNISIA EGYPT BP 1718 Analakely RWANDA ZAMBIA UGANDA African Development Bank Group Antananarivo 101, MADAGASCAR Groupe de la Banque africaine de développement African Development Bank Group Egypt Country Office (EGFO) Tel: +261 2022 643 61/2022 641 89 Bureau National du Rwanda (RWFO) Zambia Country Office (ZMFO) ZAMBIA 72B Al Maahad Al Eshteraky St. Fax: +261 2022 642 32 Immeuble BCDI 8 Avenue de la Paix ABC Pyramid Plaza ZIMBABWE Heliopolis Ext: 6000-6029 BP 7329 Kigali, RWANDA Church Road and Nasser Road Cathedral Hill Cairo. EGYPT Contact: Mme Sylvie Anne CONDE, Tel: +250 50 42 97/50 P O Box 51449 Ridgeway, Tel: +202 22 56 37 90/ 22 56 37 91 Représentante Résidente Fax: +250 50 42 98 Lusaka, ZAMBIA Fax: +202 22 56 37 92 E-mail: [email protected] Ext: 6060-6090 Tel: +260 21 12 57 868/869/874 Cairo, Egypt Contact: Mr.
Recommended publications
  • The Party's Over
    The party’s over A special report on Spain November 11th 2008 sspain.inddpain.indd 1 228/10/088/10/08 114:09:544:09:54 The Economist November 8th 2008 A special report on Spain 1 The morning after Also in this section Zapatero’s gambits Flirting with nationalists, provoking the opposition. Page 3 How much is enough? Devolution has been good for Spain, but it may have gone too far. Page 5 Banks, bricks and mortar An already solid nancial system faces more consolidation. Page 7 In search of a new economy But reforming the old one is just as impor• tant. Page 9 A cooler welcome Attitudes to immigration are turning more cautious. Page 11 After three decades of partying, Spain has woken up with a hangover. The Spanish legion Curing it will require changes, writes Michael Reid Modern Spain has bred a remarkable range of HE past few months have been bitter• economy grew by just 0.1% between the successful companies. Page 12 Tsweet for Spain. In a general election in rst and the second quarters of this year, March the Socialist Party won a clear but the slowest pace since 1993. It is now al• The perils of parochialism not overwhelming victory, giving José Luis most certainly contracting. So sharp was Europe is no longer an automatic solution for Rodríguez Zapatero a second term as the deterioration that Mr Zapatero (pic• Spain’s ills. But nor is navel•gazing. Page 14 prime minister. That seemed to drain some tured above with Pedro Solbes, his nance of the partisan poison that had accumulat• minister), who had earlier refused to ac• ed in the political system over the previous knowledge that there was any economic four years.
    [Show full text]
  • Isbn: 978-80-7510-234-8
    ISBN: 978-80-7510-234-8 2015 – Elections in Poland and Spain and their consequences Editors: Mariusz Kolczyński, Małgorzata Myśliwiec, María José Pérez del Pozo Opava 2017 dĂďůĞŽĨŽŶƚĞŶƚƐ INTRODUCTION ...................................................................................................................... 3 Causes of Changes in Political Situation in Poland and Spain in 2015 ..................................... 7 (Małgorzata Myśliwiec) POLAND .................................................................................................................................. 22 Political and Personality Aspects of Creating Political Leadership in 2015 Presidential Election in Poland (Rafał Glajcar, Agnieszka Turska-Kawa, Waldemar Wojtasik) .............................. 23 European Union in Electoral Programmes of Polish Political Parties in 2015 (Tomasz Kubin) .................................................................................................................................................. 41 Central and Eastern Europe in Electoral Programmes of Polish Political Parties in 2015 (Sebastian Kubas) ..................................................................................................................... 55 Television in the 2015 Electoral Campaign in Poland (Mariusz Kolczyński, Dagmara Głuszek- Szafraniec) ................................................................................................................................ 65 Social Media in an Electoral Campaign: The Case of Polish Parliamentary
    [Show full text]
  • Inside Spain 55 William Chislett Foreign Policy
    Inside Spain 55 William Chislett Foreign Policy Zapatero Meets Obama, Agrees to Send More Soldiers to Afghanistan Spain’s Prime Minister, José Luis Rodríguez Zapatero, met President Barack Obama in Prague, ending the five-year stand-off between the White House and the head of the Spanish government caused by Zapatero’s decision to withdraw Spain’s peacekeeping troops from Iraq sent by his predecessor, José María Aznar. Obama, in striking contrast to George W Bush and despite the friction caused by Spain’s pull-out of troops from Kosovo (see below), said he was ‘happy’ to call Rodríguez Zapatero his ‘friend. As if to emphasise the point, Obama put his arm on Zapatero’s shoulder. The bilateral meeting, held during Obama’s encounter in the Czech capital with EU-27 leaders, was the first time Zapatero had been officially received by a US president since he first took office in 2004. Earlier, at the Nato summit meeting in Strasbourg with Obama, Rodríguez Zapatero agreed to send 450 more soldiers to Afghanistan to help guarantee security during the country’s presidential elections in August. Spain will also send 40 paramilitary civil guards to help train the police force. The 450 troops will return once their mission is concluded and will not stay on and join the 778 Spanish troops already in Afghanistan. Zapatero is reluctant to increase Spain’s military presence on a permanent basis or change the tight rules of engagement under which Spanish troops operate. Rodríguez Zapatero and Obama also met in Turkey, the first Muslim country the US President decided to visit as part of his policy of reaching out to the Islamic world.
    [Show full text]
  • Managing Economic and Monetary Union by Pedro Solbes, Member of the European Commission
    Monthly newsletter ISSN 102 1-23S3 m% Managing economic and monetary union by Pedro Solbes, Member of the European Commission The introduction of the euro on 1 January 1999 has been a major achievement. Meticulous preparation ensured a very smooth changeover to the new single currency and the sound economic policy framework established in the run-up to EMU is beginning to yield results. Safeguarding macroeconomic stability The year 1999 was not only characterised by the launch of the euro but was also the first test of EMU's institutional set-up, and the test was positive. EMU establishes a framework for sound economic policies which comprises an independent monetary policy devoted primarily to price stability, disciplined fiscal policies governed by mutually agreed rules and a set of procedures to enhance structural reform. The European Central Bank (ECB) has quickly established its anti-inflationary credibility. This is reflected in a historically low inflation rate and continued moderate inflation expectations in the euro area. The second test for macroeconomic management now lies ahead. The euro-area Member States have a special responsibility to support monetary policy by adhering to a strict budgetary discipline and implementing necessary structural reforms. Against the background of an increasingly robust upswing, the EMU framework must bring the economy onto a sustained, high-growth path whilst preserving price stability. Member State governments have maintained - and in most cases enhanced - budgetary discipline despite the economic slowdown in 1999. In sum, the policy-mix has been adjusted appropriately. Last year, the Stability and Growth Pact showed that it can place an upper ceiling on deficits during downturns.
    [Show full text]
  • Financial Action Task Force Groupe D'action Financière
    Financial Action Task Force Groupe d'action financière ANNEXES OF THE THIRD MUTUAL EVALUATION REPORT ON ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM SPAIN 19 MAY 2006 © 2006 FATF/OECD All rights reserved. No reproduction or translation of this publication may be made without prior written permission. Applications for such permission should be made to: FATF Secretariat, 2 rue André-Pascal, 75775 Paris Cedex 16, France Fax: +33 1 44 30 61 37 or [email protected] V: 22.05.2006-VCS TABLE OF CONTENTS Annex 1: List of Abbreviations .................................................................................................................. 3 Annex 2: Details of all bodies met during the on-site mission - Ministries, other government authorities or bodies, private sector representatives and others. .............................................. 5 Annex 3: Overview of the types of Legal Persons and Arrangements...................................................... 7 Annex 4: AML/CFT Strategy outline....................................................................................................... 12 Annex 5: List of laws, regulations and other material received............................................................... 14 Annex 6: Copies of key laws, regulations and other measures .............................................................. 18 - Money laundering offence....................................................................................................................... 18 - Terrorist financing
    [Show full text]
  • C 118 E Journal Officiel
    ISSN 1725-2431 Journal officiel C 118 E de l’Union européenne 56 e année Édition de langue française Communications et informations 25 avril 2013 Numéro d'information Sommaire Page IV Informations INFORMATIONS PROVENANT DES INSTITUTIONS, ORGANES ET ORGANISMES DE L'UNION EUROPÉENNE Parlement européen QUESTIONS ÉCRITES AVEC RÉPONSE 2013/C 118 E/01 Questions écrites par les membres du Parlement européen avec les réponses données par l'institution européenne concernée .............................................................................................................................................. 1 (voir avis à l'intention des lecteurs) FR Avis au lecteur Cette publication contient des questions écrites par les membres du Parlement européen avec les réponses données par l'institution européenne concernée. Pour chaque question et réponse, la version en langue originale est présentée avant une traduction éventuelle. Dans certains cas, il est possible que la réponse soit donnée dans une autre langue que celle de la question. Cela dépend de la langue de travail de l'organisme chargé de fournir la réponse. Ces questions et réponses sont publiées selon l'Article 117 du Règlement du Parlement européen. Il est possible d'accéder à toutes les questions et réponses sur le site du Parlement européen (Europarl) sous la rubrique «Questions parlementaires»: http://www.europarl.europa.eu/plenary/fr/parliamentary-questions.html SIGNIFICATION DES ABRÉVIATIONS DES GROUPES POLITIQUES PPE groupe du Parti populaire européen (Démocrates-chrétiens)
    [Show full text]
  • Challenges for European Foreign Policy in 2012
    Challenges for European Foreign Policy in 2012 What kind of geo-economic Europe? What kind of geo-economic Europe? Challenges for European Foreign Policy in 2012 Policy European Foreign Challenges for Challenges for European Foreign Policy in 2012 What kind of geo-economic Europe? First published in Spain in 2011 by FRIDE © FRIDE 2011 C/ Goya, 5-7 pasaje 2ª 28001 Madrid (España) Tel.: +34 91 244 47 40 Challenges for European Fax: +34 91 244 47 41 [email protected] www.fride.org Foreign Policy in 2012 What kind of geo-economic Europe? All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the publisher of this book. The views of the authors do not necessarily reflect the opinion of FRIDE. Ana Martiningui and Richard Youngs (Eds) Editors: Ana Martiningui and Richard Youngs. Design: Daniela Rombolá Cover photo: SXC.hu ISBN: (Print) ISBN: (Online) Legal Deposit: Printed and bound in Spain by Artes Gráficas Villena Contents Geo-economic futures / Richard Youngs 13 1- the euro crisis and eu Geo-economics / Pedro Solbes 19 2- Geo-economics and Global Governance / Giovanni Grevi 27 3- What leGacy for security and defence? / Jos Boonstra 37 4- a Geo-economic Germany? / Kristina Kausch 45 5- the uK, france and spain: commercial diplomacy risinG / Nika Prislan
    [Show full text]
  • Silk Road Forum 2015
    Silk Road Forum 2015 DRAFT AGENDA [28-29 October 2015] The Westin Palace, Madrid, Plaza de las Cortes 7, 28014, Madrid, Spain Organizers: Development Research Center of the State Council of China (DRC) Center for International Relations and Sustainable Development (CIRSD) Embassy of the People’s Republic of China in Spain Co-organizers: United Nations Development Programme South-South Asia Pacific Finance Center Toledo International Center for Peace 28 October 2015, Wednesday 15h – 16h Registration 16h – 16h40 Opening Ceremony Moderator: · Javier Solana, President of ESADEgeo , former Minister of FFAA of Spain, Secretary General of NATO, EU High Representative for CFSP (TBC) · Opening Remarks · Vuk Jeremić, President of CIRSD, former Minister of Foreign Affairs of Serbia, President of the 67th session of the UN General Assembly(representing the organizers) (Confirmed) · Luis de Guindos, Minister of Economy and Competitiveness of Spain (TBC) · Stijepan Mesić, former President of Croatia (Confirmed) · VUONG Dinh Hue, Head of the Party Central Committee’s Economic Commission of Vietnam (TBC) 1 · Yerbolat Dossayev, Minister of National Economy of Kazakhstan (TBC) · Y.B Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry of Malaysia (TBC) · LEE Yi Shyan, Senior Minister of State, Ministry of Trade and Industry and Ministry of National Development of Singapore (TBC) 16h40 – 16h55 Keynote Address (representing the organizers) · LI Wei, President of DRC (Confirmed) 16h55 – 17h25 Session I: Keynote Speeches (10min/p) Moderator:
    [Show full text]
  • European Investment Bank 1 European Investment Bank
    ANNUAL REPORT 1993 EUROPEAN INVESTMENT BANK 1 EUROPEAN INVESTMENT BANK The financial institution of the European As a Community institution, the EIB The EIB grants loans mainly from the Community, the European Investment continuously adapts its activity to devel­ proceeds of its borrowings, which, Bank {EIB}, created by the Treaty of opments in Community policies. It there­ together with "own funds" (paid-in Rome, has seen its role reaffirmed by by contributes towards European inte­ capital and reserves), constitute its //own the Treaty on European Union. Its gration, particularly attainment of the resources 1/. Statute constitutes a Protocol to the Single Market, and promotes greater Treaty. economic and social cohesion. Outside the Community, EIB financing operations are conducted both from the The EIB is an institution enioying its own As a bank, it works in close collabora­ Bank's own resources and, under man­ legal personality and financial auto­ tion with the banking community both date, from Community or Member nomy within the Community system. The when borrowing on the capital markets States' budgetary resources. members of the EIB are the Member and when financing capital proiects. States of the EC, who have all subscri­ bed to the Bank's capital. Within the Community - protecting the environment and the Small and medium-scale projects are quality of life as well as safeguarding funded through global loans. the Cof)lmunity's architectural and The EIB's main activity is to contribute natural heritage; Global loans are similar to temporary concretely, by financing capital projects, - promoting urban development; lines of credit opened with banks or to the balanced development of the - attaining Community energy policy financial institutions operating at Euro­ Community, while adhering to the rules objectives; pean, national or regional level.
    [Show full text]
  • The New European Commission
    CENTRE FOR EUROPEAN REFORM briefing note BARROSO’S GALACTICOS? THE NEW EUROPEAN COMMISSION By Alasdair Murray José Manuel Durão Barroso unveiled his new Commission on August 12th – confirming his burgeoning reputation as a deft political tactician. Barroso has crafted a carefully balanced team, which emphasises his own independence as incoming Commission president. The line-up appears to have satisfied the desire of the larger member-states for substantial Commission posts, with the key exception of France. At the same time, Barroso has ensured that commissioners from smaller countries will take on a fair share of important portfolios, such as external relations, competition policy, the budget and the internal market. The new president has also indicated that he intends to adopt a more hands-on approach to managing the Commission than his predecessors, Romano Prodi and Jacques Santer. Barroso will personally chair two key groups of commissioners dealing with economic reform and external relations. The new president is also reversing Prodi’s decision to base commissioners in their individual departments – the directorates-general (DGs) – rather than centrally, in an effort to improve the co-ordination of Commission policies. A LIBERAL-MINDED ECONOMIC AXIS? Barroso’s main headache in the allocation of portfolios was how to divide up the much-coveted economics posts, such as the internal market and competition policy. France and Germany had made plain that they wanted ‘their’ commissioners, Jacques Barrot and Günter Verheugen, to get senior jobs. The German government, in particular, lobbied strongly for the creation of a ‘super’ commissioner, to oversee all economic policy-making including competition and state aid cases.
    [Show full text]
  • Download PDF (8.1
    Fifty Years After Bretton Woods The Future of the IMF and the World Bank Proceedings of a conference held in Madrid, Spain September 29-30, 1994 James M. Boughton and K. Sarwar Lateef Editors International Monetary Fund World Bank Washington • 1995 ©International Monetary Fund. Not for Redistribution <91995 lnternationalMonetary Fund and World Bank Reprinted June 1995 This book was designed and produced by the IMF Graphics Section. Front cover photographs: The Mount Washington Hotel, Bretton Woods, New Hampshire, U.S.A., IMF archives: and Palacio Municipal de Congresos, Cam po de las Naciones, Madrid, Spain, IMF photo by DenioZara. Cataloging-in-Publication Data Fifty Years after Bretton Woods : the future of the IMF and the World Bank : proceedings of a conference held in Madrid, Spain, Septem­ her 29-30, 1994 1 jamesM. Boughton and K. Sarwar Lateef, editors. -Washington:International Monetary Fund :World Bank Group, 1995. ISBN 1-55775-487-X ı. International finance-Congresses. 2. International Mone­ tary Fund- Congresses. 3. World Bank-Congresses.I. Bough­ ton, james M. Il. Lateef, K. Sarwar. HG388l.F4 1995 Price: US$21.00 Please send orders to: InternationalMonetary Fund, Publication Services 700 19th Street, N.W., Washington, D.C. 20431,U.S.A. Tel.: (202) 623-7430 Telefax: (202) 623-7201 Internet: [email protected] ©International Monetary Fund. Not for Redistribution Foreword The Bretton Woods conference of July 1944 was of incalculable impor­ tance for the world economy. It demonstrated and gave life to a remark­ able spirit of international economic cooperation; produced agreements that made possible the reconstnıction of war-torn economies and an un­ precedented growth of output and trade in the following decades; and created two institutions, which we now have the honor to lead, that have been central in the effort to achieve those goals.
    [Show full text]
  • Summary of Government Interventions Spain
    21 April 2009 Summary of Government Interventions Spain Overview In order to address the liquidity problems adversely affecting banks’ lending to the economy in Spain, the Spanish government has adopted special measures which take into account national particularities of the banking market in Spain while ensuring the coherence necessary to maintain a level playing field for all European banks. The measures adopted in Spain include: • state guarantee scheme covering against remuneration, the issuance of notes, bonds and obligations admitted to the official secondary market in Spain; • extended coverage of bank deposit guarantees; and • creation of the Financial Assets Acquisition Fund managed by the Spanish Treasury to purchases top quality financial assets of Spanish credit institutions and SPVs to enhance flow of credit to companies and individuals. In addition, in March 2009, Spain announced various measures including a EUR 38bn stimulus package to cushion the effects of the global financial crisis on the real economy. The stimulus package includes EUR 6bn in tax cuts, the provision of EUR 4bn of liquidity to credit-strapped companies and households and an extra EUR 11bn will be spent on public works. State guarantee scheme State guarantee for finance transactions The Spanish Government has adopted a State guarantee scheme under which unconditional and irrevocable state guarantees are available to guarantee transactions closed prior to 13 October 2008. The guarantee scheme is temporary and the guarantees are available until 31 December 2009. Under the scheme, the Spanish government may grant state guarantees to all credit institutions that were residents in Spain as of 13 October 2008 or to subsidiaries of foreign entities provided they have substantial operations in Spain.
    [Show full text]