Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-14-Speech-1-137-000"
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"en.20110214.16.1-137-000"2
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"Mr President, ladies and gentlemen, in the last few years, and the global financial crisis has played a role too, it has become ever more difficult for small and medium-sized enterprises to obtain loans and to have easy access to credit when it is essential.
The instruments that have been employed so far by the European Union within the financial framework 2007-2013 have proven to be seriously deficient in some areas, such as the scarcity of resources and coverage, the existence of heavy administrative constraints, let alone the fact that they are dispersed over multiple and different lines of action. With the new financial framework, we must focus on simplifying the rules for small and medium-sized enterprises – rules that have been a major obstacle for smaller businesses in particular – and think, for example, about setting up a point of single contact for access to European funding.
It will be necessary to incentivise recourse to new funding instruments that will facilitate access to credit, provide precise loan guarantee schemes and give priority to real assistance in the difficult initial phase of development, especially as regards largely innovative and technological businesses. We must therefore try specifically to make the route as easy as possible for a sector that employs over 100 million people and is, without doubt, the most powerful engine for growth and development."@en1
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