Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-12-10-Speech-1-120"
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"en.20011210.6.1-120"2
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"Thank you, Mr President. I too should like to congratulate Mr Bushill-Matthews on his report. He has made every effort to add this report to the agenda at the earliest opportunity and, as he has already indicated, he is not to blame for the fact that that is not the case. Even the Commission has made more of an effort to ensure that that is done in time, and moreover, the content of the report presented by the Commission is more substantial than when we discussed it the first time round, because we have since gained more experience with the Growth and Employment Initiative.
The report is about this Growth and Employment Initiative and about the three financial instruments which have been developed with this initiative in mind, namely the ETF start-up facility, the JEV programme and the SME Guarantee Facility. Just like last year, on behalf of my group, I should like to underline the social dimension in this respect. This initiative is the brain child of the European Parliament that was developed in the wake of the Luxembourg Summit in 1997, and right from the outset, it was made very clear at the time that the initiatives should not only focus on this highly advanced technological sector, but should also embrace the social sector, and I am of the opinion that we cannot repeat this enough.
There is only one point where I cannot completely follow the rapporteur in this report, and that concerns recital F which he quotes. He refers to the United States of America in this respect. More investments are made in new initiatives over there, and the decision to set up one’s own business is made more easily. I acknowledge that this is the case, but I disagree with his analysis that the reason for this would be the US’s milder regulatory climate. In my view, this is much more related to the whole culture of entrepreneurship, the fact that people over there are used to taking initiatives, that it is not of such major concern to fail once, to go bankrupt once and start again. In my opinion, cultural factors of this kind play a much more significant role than simply the regulatory climate. This remark is not really appropriate, in my view. I hope that we can find a compromise on that score at tomorrow’s vote, for it would be unfortunate if this report were not adopted unanimously."@en1
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