Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-02-Speech-1-080"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2000-10-02"^^xsd:date2
dcterms:Is Part Of	lp_eu:Risk capital2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20001002.6.1-080"2
lpv:hasSubsequent	lp_eu:2000-10-02-Speech-1-0812
lpv:speaker	lp:Helena Torres Marques2
lpv:spokenAs	member; Committee on Women's Rights and Equal Opportunities (1999-07-21--2002-01-14)3 substitute; Committee on Regional Policy, Transport and Tourism (1999-07-22--2002-01-14)3 unknown; Partido Socialista (1999-07-20--2004-07-19)3 member; ECON (1999-07-21--2002-01-14)3 member_of_the_bureau; PES (1999-07-20--2002-01-16)3 member; Delegation for relations with Australia and New Zealand (1999-10-06--2002-01-14)3
lpv:translated text	"I too should like to congratulate Mr Skinner on his excellent report, which addresses an issue that I consider to be of the utmost importance. If the European Union wishes to establish itself as the most economically dynamic region in the world, as was decided at the Lisbon Summit, it must ensure that investments, particularly in SMEs, which create jobs and which support growth sectors, are given the necessary funding. We wish to promote a dynamic spirit of entrepreneurship in Europe, but there are still countless difficulties blocking the path of people wanting to become entrepreneurs and to carry out profitable projects. The problems requiring rapid resolution throughout the European Union range from the administrative aspects, such as the often pointless bureaucracy which wastes time, energy and money, to the provision of funding. Venture capital companies have a major role to play in this field and the European Union must make more rapid progress if it wishes to catch up, in particular with the United States, which is currently far ahead of us. We feel that the Commission’s proposal is a step in the right direction, although I also think that we must move ahead more quickly, as stated in the amendment requesting the Commission to submit an action plan for 2000 in the field of risk capital and to adopt an integrated approach that combines all the Community instruments in a coherent way. First and foremost, Europe needs to focus increasingly on the merit of projects rather than on the personal wealth of entrepreneurs, as still happens. If the banks' practice of requiring personal guarantees from individuals is highly debatable, it is quite unacceptable where venture capital businesses are concerned. There is still a need to give entrepreneurs easier access to venture capital, and this requires much more active and efficient provision of information on the way in which it is used."@en1

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