Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-172-000"
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"en.20110913.34.2-172-000"2
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"Mr President, I am still here. Thank you for calling me. Can I use the opportunity to say, while we are focusing on the issue of women in enterprise, that the biggest problem for men and women in enterprise at the moment is credit availability. We have in Ireland the Credit Review Office, which is suggesting that while there is a problem with credit supply, there is also a problem with demand from enterprises, which are fearful of actually taking on extra debt.
We need to analyse more deeply what is happening. When businesses look for credit, they are not being refused, but the process is taking so long, and there are so many delays and so much bureaucracy involved in applying for loans, that very many of them literally do not push through the loan application. While, therefore, there is no official recognition that they have been refused credit, in effect, the process itself within the banks makes this a credit refusal, so I would require that we do further analysis of it, because if we do not have credit, neither men nor women can be entrepreneurs."@en1
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