Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-513-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-09-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Venture Capital Funds - European Social Entrepreneurship Funds (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20120912.27.3-513-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-514-0002
lpv:speaker	lp:Danuta Maria Hübner2
lpv:spokenAs	member_of_the_bureau; EPP (2009-07-21--2014-06-30)3 substitute; ECON (2012-01-19--2014-06-30)3 chair; REGI (2012-01-25--2014-06-30)3 member; Delegation for relations with the United States (2009-09-16--2014-06-30)3 unknown; Platforma Obywatelska (2009-07-14--2014-06-30)3 member; Conference of Committee Chairs (2012-01-25--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, that Europe needs growth and growth requires investment, which in turn cannot occur without funding, is not a surprising statement. Unfortunately, we face this challenge of growth and investment at a time when Europe’s small and medium-sized enterprises are suffering from a funding deficit and when lending conditions have seriously deteriorated as a result of the crisis. But the challenge is all the more demanding because Europe’s SMEs need to invest in knowledge-based undertakings, innovation and new sources of growth that can create sustainable jobs and upgrade the competitiveness of the European economy. Here the solution is a major push towards developing venture capital. This is a front on which Europe is seriously lagging behind the US. Venture capital is crucial for young enterprises, particularly in the early years of their development when, despite innovative plans and strong growth potential, they struggle to find the necessary funding. Moreover, venture initiatives can also provide companies with valuable expertise and knowledge, business contacts and strategic advice. The regulation we are debating today aims to address Europe’s growth funding deficit through an EU-wide venture capital passport. This regulation can provide a much-needed boost to kick-start some of the main drivers of growth. It is vital, therefore, to get the venture capital legislation working as soon as possible. I recommend that the House supports the compromise reached with the Danish Presidency and that negotiations continue towards a successful first reading."@en1
lpv:unclassifiedMetadata	"Danuta Maria Hübner,"1 "on behalf of the PPE Group."1
lpv:videoURI	<go to Events_and_structure europarl>2

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