Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-515-000"

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"en.20120912.27.3-515-000"2
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"Mr President, Commissioner, I would like to say a big thank you to the two rapporteurs, Ms Auconie and Mr Lamberts, for their excellent work. The Group of the Alliance of Liberals and Democrats for Europe is in favour of the proposals on both venture capital funds and social entrepreneurship funds. With these proposals we are making it easier for small and medium-sized enterprises to obtain finance. That has already been said here, but it is not enough to say it just once; in view of the problems Europe is experiencing it is worth pointing it out several times. It is also important to increase the competitiveness and growth potential of small and medium-sized enterprises. Venture capital investments can be a very valuable alternative to bank financing. In order to support the most promising start-up undertakings, the investments made by the venture capital funds need to be larger and more diversified, and the funds need to promote innovation. Social entrepreneurship in the EU must be strengthened, particularly in these times of crisis. We welcome the idea that managers of venture capital funds and social entrepreneurship funds should be able to use a quality mark, a European passport, to market their funds throughout the EU. This has been shown to work really well in other contexts. Introducing a single set of rules throughout the EU is important. That will reduce unnecessary problems and red tape. It will facilitate investment and entrepreneurship on the internal market. Certain burdensome and unnecessarily bureaucratic rules, such as the requirement for a depositary, have been dispensed with in the compromise with the Council. I think that is a good thing. I think we have found the right balance, and this really will be able to facilitate investment for Europe’s small and medium-sized enterprises. The question that remains then is that of tax havens. I hope that we can find a solution. I would like to finish by saying that I think it is a pity that questions concerning taxes, including those relating to the issue of tax havens, cause such division."@en1
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