Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-248-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-02-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110216.11.3-248-000"2
lpv:hasSubsequent	lp_eu:2011-02-16-Speech-3-249-0002
lpv:speaker	lp:Vilija Blinkevičiūtė2
lpv:spokenAs	substitute; EMPL (2009-07-16--2012-01-18)3 substitute; FEMM (2009-07-16--2012-01-18)3 member; LIBE (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-29--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-10-07--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3
lpv:translated text	"It should be noted that a large number of small and medium-sized enterprises (SMEs) will continue to depend mainly on credits and loans when it comes to external financing. We need to draw attention to the fact that an increasingly capital- and risk-sensitive banking sector is asking for more collateral and higher risk premiums, both requirements resulting in insufficient financing and missed business and employment opportunities in this very large sector of the economy. Given this, I believe that the availability of credit and loan guarantee schemes are crucial to exploiting the growth and job potential offered by SMEs. There is a need therefore to leverage existing programmes at national and EU levels. It is very important to continue to implement guarantee instruments in the framework of the Competitiveness and Innovation Programme (CIP), the Risk-Sharing and Financing Facility under the Seventh Framework Programme and the Structural Funds (JEREMIE). Their proper implementation is currently being hindered by overly complex administrative procedures, therefore the Commission should make it easier to use the Structural Funds in connection with SME finance instruments, particularly to finance revolving funds for guarantee schemes, whilst avoiding the creation of structures which duplicate existing schemes."@en1

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