The Riigikogu decision "Increasing the Republic of Estonia's participation in the European Bank for Reconstruction and Development" (542 OE) – second reading
Session: 15th Riigikogu, 4th session, plenary sitting
Date: 2024-12-18 16:59
Participating Politicians:
Total Speeches: 4
Membership: 15
Agenda Duration: 5m
AI Summaries: 4/4 Speeches (100.0%)
Analysis: Structured Analysis
Politicians Speaking Time
Politicians
Analysis
Summary
The agenda item was the second reading of draft resolution 542 of the Riigikogu, "Increasing the Republic of Estonia's participation in the European Bank for Reconstruction and Development," submitted by the Government of the Republic. On behalf of the Finance Committee, Tanel Kiik gave a presentation, stating that no proposals were received from members of the Riigikogu or factions by the deadline for submitting amendments, and therefore only linguistic and technical clarifications were incorporated into the draft. The lead committee decided unanimously to propose conducting a final vote on the draft. During the presentation, it was explained that the increase in participation is primarily necessary to support projects in Ukraine, as the volume of work of the European Bank for Reconstruction and Development (EBRD) has increased there due to war damage. Estonia's contribution to the capital increase (a total of 4 billion euros) is 4 million euros. Following brief discussions, a final vote was taken, as a result of which resolution 542 was adopted.
Decisions Made 1
The draft resolution of the Riigikogu 542 "Increasing the Republic of Estonia's participation in the European Bank for Reconstruction and Development" was passed in the final vote with 61 votes in favor (6 members voted against).
Most Active Speaker
The most active speaker was Tanel Kiik, a member of the finance committee, who presented the leading committee's draft report on preparing for the second reading and explained the background of increasing participation.
Aseesimees Toomas Kivimägi
AI Summary
The fifth item on the agenda is the consideration of the draft bill to increase the Republic of Estonia's stake in the European Bank for Reconstruction and Development for a second reading, and it is requested that Tanel Kiik, a member of the Riigikogu's Finance Committee, present.

Tanel Kiik
Profiling Fraktsiooni mittekuuluvad Riigikogu liikmedAI Summary
Tanel Kiik provides an overview of the Finance Committee's discussion on increasing the EBRD's capital, in which consensus decisions were made for processing the draft.
Aseesimees Toomas Kivimägi
AI Summary
Toomas Kivimägi announced that negotiations had ended, stated that no amendments had been submitted to Bill 542, and called on the Parliament to vote on the final passage of the Parliament's decision on Bill 542, "Increasing Estonia's stake in the European Bank for Reconstruction and Development."
Aseesimees Toomas Kivimägi
AI Summary
The Riigikogu adopted the draft as Decision No. 542: 61 in favor, 6 against and 0 abstentions.