Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-246-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-02-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110216.11.3-246-000"2
lpv:hasSubsequent	lp_eu:2011-02-16-Speech-3-247-0002
lpv:speaker	lp:Zigmantas Balčytis2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; CONT (2009-07-16--2012-01-18)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; TRAN (2009-07-16--2012-01-18)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3
lpv:translated text	". I voted in favour of this motion for a resolution. Small and medium-sized enterprises (SMEs) in the EU account for around 99% of all businesses and provide over 100 million jobs. They make a fundamental contribution to economic growth, social cohesion and job creation. The limited ability of SMEs to access finance is a major impediment to their growth, and the continuing financial and economic crisis has restricted their access to funding even further. The banking sector is asking for more collateral and higher risk premiums. I believe that the availability of credit and loan guarantee schemes are crucial to ensuring this sector’s viability, growth and potential to create jobs. Much attention must be paid to European Investment Bank SME loans, as EUR 15 billion was allocated to these in 2008, but research shows that only a small proportion of this money reached SMEs, because the banks administering loans in the Member States tightened bank credits. I believe that the European Commission must take the necessary measures to make sure that allocated funding reaches SMEs, ensuring the viability and growth of this very important sector."@en1

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