Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-150-000"
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"en.20110216.11.3-150-000"2
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"Mr President, of all the practical aspects relating to the revision of EU instruments supporting the funding of small and medium-sized enterprises (SMEs), I would like to highlight in particular the problems of external funding. It is clear that a large number of SMEs will continue to depend mainly on credit and loans. It is disturbing that the banking sector is demanding ever greater securities and higher risk premiums, which reduces the chances of funding and of these businesses making use of entrepreneurial and job opportunities.
I therefore consider it necessary to strengthen individual programmes at the Member State level, and also to boost the resources of the EU and the European Investment Bank focused on innovative financial instruments. It is necessary to support the further implementation of guarantee instruments in connection with revolving loans - and I would emphasise this - and the exploitation of financial instruments involving risk spreading, as well as the expansion of microfinancing institutions."@en1
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