Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-02-13-Speech-1-118"

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". Mr President, since I agree entirely with the report produced by my group colleague, Mr Hökmark, I shall be very specific and deal exclusively with the issues that I would like to emphasise. With regard to the general philosophy, I agree that, since State aid is a form of competition policy aimed at creating an even playing field amongst the different companies, we should insist not just on aid that takes the form of subsidies and which therefore belongs in the public spending chapter, but also on those fiscal incentives that do not respond to the nature of the tax, but which respond to the desire to stimulate certain activities in geographical areas, that is to say the same intention as direct aid. With regard to research, development and innovation, I would like to congratulate the rapporteur in particular on the extension of the scope of beneficiaries, to expressly include universities amongst the possible beneficiaries of this kind of aid. I would also like to congratulate him — and I am now addressing the Commissioner — on his comments in the field of risk capital. If one thing explains the differences in growth between the United States and Europe, it is dynamism, the power of its small and medium-sized companies, not so much in terms of net birth rate, which is more or less the same, but in terms of US small businesses’ greater capacity for growth in the first two years, which requires a degree of funding. And in the field of risk capital we are a long way behind. If my figures are accurate, while risk capital represents 0.45% of United States GDP, European risk capital is less than 0.14%. On the issue of regional aid – my final point – I would also stress what Mr Koterec has said, but I would like to add an aspect that has not been mentioned: it would not make sense also to take State aid away from regions that stop receiving Structural Funds as a result of natural growth, and not just for statistical reasons, as the rapporteur has said. If the Commissioner will allow me, therefore, I would like to correct paragraph 36 on this issue, to include regions losing funds for statistical reasons and those that lose them through natural growth. I congratulate the rapporteur once again."@en1

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