Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-14-Speech-1-201"
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"en.20091214.18.1-201"2
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"The economic crisis has become an acutely felt social crisis for which we have not yet found a solution. Unfortunately, one of the indicators which could help launch a recovery, the level of lending, has reached a record low in the euro area since 1991 and is experiencing an unprecedented collapse in the new Member States, as is the case for Romania. This is one of the elements which cast doubt on the prospects for beating the recession. Against this background, I appreciate the welcome proposal from the European Commission on setting up the microfinance facility.
However, in order to ensure that social inclusion measures are effective, the facility needs to be entered in a separate budget line. The reallocation of the funds from the Progress programme would affect its specific guidelines for community action and send out an alarm signal concerning the social openness of a European executive, which has been extremely reluctant until now, unfortunately, in terms of displaying sufficient social involvement.
The crisis is affecting every category of vulnerable people, but we cannot ignore the severity of youth unemployment. The fact that one young person in five in Europe does not have a job may have numerous repercussions at an economic and social level, as well as from a demographic and crime perspective. This is why I think that it is appropriate to have a greater focus on boosting young people’s chances of entering the job market."@en1
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