Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-03-Speech-2-088"
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"en.20001003.3.2-088"2
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"I welcome this excellent report from my colleague Mr Skinner.
At Lisbon the Special European Council stated that "efficient risk capital markets play a major role in innovative high growth SMEs and the creation of new and sustainable jobs". The Heads of State and Government therefore agreed a number of measures to promote the development of risk capital in the European Union, with a deadline for implementing the Risk Capital Action Plan of 2003.
The Commission Communication is an acknowledgement that concrete measures need to be taken to create a genuinely European and highly liquid risk capital market in the EU.
The report supports the Council's and Commission's approach and emphasises that a number of regulatory measures need to be introduced, namely on pensions, cross-border prospectuses and a Community patent. He also calls for benchmarking to spread best practice across the EU."@en1
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