Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-07-Speech-4-334-750"
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"en.20110407.18.4-334-750"2
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"The 2009 annual report of the European Investment Bank (EIB) highlights the essential role which the EIB has played in supporting small and medium-sized enterprises (SMEs), especially at this time of financial crisis and economic recession. The EIB has focused on three areas which the crisis in Europe has hit hardest, namely: SMEs, convergence regions and climate action. The importance of the SMEs for the European economy is unquestionable, so I welcome the increase in EIB financing for the SMEs in the 2008-2010 period, which totalled EUR 30.8 billion, and the establishment of the European Microfinance Facility, which has been granted about EUR 200 million by the Commission and the EIB."@en1
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