Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-03-08-Speech-2-126"
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"en.20050308.16.2-126"2
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The European Investment Bank (EIB) is a privileged instrument of the EU and its economy. Both the investments that it has made and the investments for which it has been the catalyst reaffirm its key role in turning Europe into the most competitive and dynamic knowledge-based economy in the world.
The dynamism that the Bank puts into its activities, particularly as regards the private sector, has enabled new sources of funding to be raised, by means of capital risk instruments and the granting of guarantees, for example. This approach provides us with the necessary guarantee that, within the EU’s institutional structure, the EIB will continue to play a crucial role in financing small and medium-sized enterprises (SMEs), thereby contributing to an economy that is sound, that creates more and better jobs and that is a catalyst for sustainable growth.
Accordingly, the EIB should place emphasis on increasing the granting of credits to small businesses, on defining precise rules as regards assessing its projects, on improving SME access to risk capital and on encouraging access to its activities on the part of local and regional financial partners.
I voted in favour."@en1
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