Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-253-000"
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"en.20120913.29.4-253-000"2
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"Social undertakings are companies which have a positive social impact and are intended to achieve social objectives rather than maximise their profits. This sector already accounts for 10% of all European companies and employs more than 11 million workers in Europe. Although these companies often receive public aid, the private investments made through the funds investing in social entrepreneurship remain crucial to their development. However, these specialised social investment funds are rare and not large enough.
I would like to highlight the fact that the rules which apply to social investment funds vary between Member States and are often long-winded and complex. This is why I think that the new proposals will simplify the rules."@en1
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