Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-14-Speech-1-161"

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"en.20091214.18.1-161"2
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"Ladies and gentlemen, I would like to begin my speech my emphasising the importance of this initiative in the area of micro-financing. The current crisis is bringing about a significant rise in unemployment in all of the Member States, the effects of which will unfortunately fall hardest on the most vulnerable members of our society. The micro-financing instrument is specifically aimed at assisting these groups of citizens to find alternative employment and to become micro-entrepreneurs themselves. I would like to congratulate the Committee on Employment for the outstanding work they have carried out in this area and, in particular, to applaud the contribution made by Mrs Göncz to this initiative. I am aware of the efforts that were made in the negotiations between Parliament and the Council aimed at achieving agreement at the first reading. In view of the fact that both bodies support the micro-financing instrument, it was possible to make considerable progress over the essential wording of the proposal. This progress is reflected to a considerable extent in the amendments proposed today. Of course, the most difficult question is the budget. Although both bodies will probably approve an overall budget of EUR 100 million for this instrument, identifying the sources of the finance continues to be the main obstacle. As you know, the micro-financing proposal forms part of a package which includes a proposal to transfer EUR 100 million from the Progress programme. You have decided not to vote on this second proposal this week. The transfer of funds from the Progress programme is support by the Council and, for many of the Member States, it constitutes a fundamental element of the whole package. Without an agreement over the source of finance in this area, we will not achieve our objective of implementing the new instrument rapidly. Today, however, we are debating the wording of the decision through which the instrument is to be set up. In conclusion, I would like once more to applaud the rapporteur for the work she has carried out in submitting a report and amendments that will enable both of the lawmaking bodies to concentrate on the main problem that remains to be resolved, namely the funding."@en1
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