Pigs seen flying over the BBC
Graeme Wilson writes in the Telegraph that “The Tories attacked the BBC last night after it emerged that it has a £100 million loan deal with a European Union bank set up to promote European integration.
The BBC confirmed last night that it had borrowed £25 million under the deal with the European Investment Bank in
Philip Davies, a Tory MP, said: "Many people already believe there is a pro-EU slant to a lot of BBC reporting. There are bound to be more questions about the corporation’s impartiality when it is borrowing from a bank set up to promote European integration."
Mark Thompson, the BBC director-general, during an appearance before the Commons culture, media and sport select committee.
"This relates to various technical projects," he said. "I can give an absolute assurance that I have no doubt that the BBC’s impartiality is unaffected by this."
A BBC statement said the money was being borrowed by BBC Commercial Holdings, the company that handles the corporation’s commercial activities. BBC Worldwide used the money to buy commercial rights for programmes.
"The loan carries no editorial obligation for the BBC, it relates only to the BBC’s commercial subsidiaries. If it did, we would not be able to enter into such a loan agreement."
Only one question then what is the BBC doing entering a loan agreement with a bank which was set up for the sole purpose of “furthering European integration by promoting EU policies.”
It is a nonsense for Mark Thompson, to claim that the loan would have no effect on programming, of course it will, it must; because if the BBC uses this loan at favourable rates the for one part of its operation that will have a knock on effect to all other parts of the BBC. The other side of the coin is if the loan was not going to be used to by the BBC to further European integration by promoting EU policies then the bank would not agree to the loan in the first place. Mark Thomson and the BBC cannot ring fence part of its operation and claim they are impartial and at the same time actively Promote European Integration.
http://eurealitshome.com/blog/?p=67 EU Propaganda
http://eurealitshome.com/blog/?p=139 EU Propaganda
The EIB monitors the project until completion as well as during the loan repayment period.
In particular, it verifies regular servicing of the loan, checks that the funds are used in line with corresponding objectives and forecasts and keeps abreast of developments concerning the promoter and his partners. Finally, the Bank ensures that the project is implemented in accordance with the contract and evaluates its results.
Article 267 of the Treaty establishing the European Community defines the role of the Bank. Its task of contributing to the balanced development of the European Union translates into a set of objectives
Lending activity is geared to six operational priorities:
- Economic and social cohesion in the enlarged EU
- Implementation of the Innovation 2010 Initiative (i2i)
- Development of Trans-European and Access Networks
- Support of EU development and cooperation policies in partner countries
- Environmental protection and improvement, including climate change and renewable energy
- Support for small and medium-sized enterprises as well as mid-cap companies of intermediate size.
A further operational priority remains:
- Support for human capital, notably health.
Technorati Tags: EU Propaganda
Link to This Page If you found this page useful, consider linking to it.
Simply copy and paste the code below into your web site (Ctrl+C to copy)
It will look like this: Pigs seen flying over the BBC